Bitcoin’s Next Phase: How Hybrid Wallets Could Replace SWIFT (Says Ex-PayPal CEO)
By: ethnews|2025/05/02 19:00:03
0
Share
David Marcus predicts Bitcoin’s shift from savings to daily use via hybrid wallets, blending national currencies and BTC rewards.CIA’s Michael Ellis calls Bitcoin a U.S.-China tech race factor, urging American leadership in crypto adoption.David Marcus, CEO of Lightspark and former president of PayPal, stated that Bitcoin could evolve beyond its current use as a stored asset. During a CNBC interview, he described a future where Bitcoin functions alongside national currencies for daily transactions.Marcus suggested hybrid systems where individuals hold both traditional money and Bitcoin, earned through rewards or small payments. He emphasized that Bitcoin’s integration into self-controlled digital wallets could allow balances to accumulate and be spent like cash.Marcus criticized existing payment networks, such as SWIFT, for being too slow to support modern economic demands. His company, Lightspark, is developing tools like universal money addresses to enable instant cross-border transfers in multiple currencies. “This isn’t theoretical,” he said. “The goal is to modernize how money moves globally.”CIA Deputy Director Acknowledges Bitcoin’s Long-Term PresenceMichael Ellis, deputy director of the Central Intelligence Agency (CIA), recently discussed Bitcoin’s trajectory on Anthony Pompliano’s podcast. Ellis confirmed Bitcoin’s durability, citing institutional adoption as a positive development.He framed cryptocurrency as part of a broader technological competition between the U.S. and China, urging American leadership in the sector. Ellis also noted cryptocurrencies’ potential for intelligence operations, including tracking adversarial activities.The CIA’s interest in blockchain technology dates back to 2011, when Bitcoin developer Gavin Andresen visited the agency. Some observers have speculated about a connection between that meeting and the disappearance of Bitcoin’s pseudonymous creator, Satoshi Nakamoto. Ellis did not address these theories directly.Robert Kiyosaki Warns of Economic Risks, Cites Bitcoin VolatilityRobert Kiyosaki, from whom we have always reported his thoughts on Bitcoin in ETHNews, warned followers on X about rising global unemployment and a potential economic downturn. Referencing his 2002 book Rich Dad’s Prophecy, he reiterated predictions of a market crash leading to a depression. While expressing hope that his forecasts are wrong, Kiyosaki advised preparing for instability.FEAR of UNPLOYMENT spreads like a virus across the world.Obviously, this fear is not good for the global economy.As warned in an earlier book, Rich Dads Prophecy, the biggest market crash, a crash that is leading to the recession we are in.... and possible New Great...— Robert Kiyosaki (@theRealKiyosaki) April 30, 2025He highlighted Bitcoin as a possible casualty in a crash, suggesting its price could hypothetically drop to $300. In such a scenario, he said investors must choose between “panic or opportunity.” Kiyosaki recalled profiting from real estate during the 2008 crisis and urged similar readiness today. “Prepare instead of despair” he wrote.Marcus’s vision hinges on improving Bitcoin’s utility for routine transactions, a shift requiring infrastructure upgrades. Lightspark’s focus on instant cross-border payments aligns with demands for faster financial systems. Meanwhile, Ellis’s comments reflect growing institutional recognition of cryptocurrencies as geopolitical tools, not just financial assets.Kiyosaki’s warnings underscore broader anxieties about economic stability. His mention of Bitcoin’s volatility mirrors concerns shared by regulators and investors. While a drop to $300 is extreme, his advice emphasizes strategic planning over reactive fear.The post Bitcoin’s Next Phase: How Hybrid Wallets Could Replace SWIFT (Says Ex-PayPal CEO) appeared first on ETHNews.
You may also like
Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...
July 6 Market Important Events Overview
How has Binance's stock business performed in the 30 days since its launch?
Emerging market buying supported the first wave of demand.
Blockchain Capital Partner: AI is rewriting the fundamental unit of labor
The rise of AI is rewriting the basic unit of labor from "positions" and "companies" to "tasks." When programmable labor meets programmable currency, a production line without companies, salary systems, or HR becomes possible for the first time.
Can Open USD support Stripe's ambitions?
Stripe collaborates with multiple parties to launch OUSD, not only challenging the dominance of USDC but also exposing its trillion-dollar ambition to transition from a "payment interface" to a "next-generation funds settlement network."
Founder of Baixing.com: I believe half of the statement that large language models devour everything
The internet has been shouting for so many years about devouring everything. Has it really devoured everything now? Is it the internet that devours everything, or is it the large models that devour everything? Both are devouring, and nothing is left?
A "legal" robbery? Attackers emptied the BonkDAO treasury by buying tickets
Handing over the keys to the vault to a public vote where "anyone can spend money to participate," without sufficient oversight mechanisms, even the most legitimate governance ideals may turn into the most convenient tools for attackers.
Should You Buy Bitcoin Now? What the Data Says After a 50% Pullback
Should you buy Bitcoin now? Explore Bitcoin's nearly 50% pullback, ETF outflows, on-chain data, Strategy's BTC sale, and historical trends to assess whether July 2026 is a buying opportunity.
WEEX P2P now supports BDT & LKR—Merchant Recruitment Now Open
To make crypto deposits easier, WEEX has officially launched its P2P trading platform and continues to expand fiat support. We're excited to announce that the Bangladeshi Taka (BDT) and Sri Lankan Rupee (LKR) are now available on WEEX P2P!
The cryptocurrency industry has become a traditional industry
For entrepreneurs and retail investors still in this industry, they should either embrace the current changes or explore the next unpredictable field in cryptocurrency.
Chip frenzy cooling down? Morgan Stanley's Wilson: Funds are shifting towards AI supercomputing giants like Microsoft and Amazon
Morgan Stanley's chief equity strategist Wilson pointed out that the momentum in the semiconductor sector is waning, with the Philadelphia Semiconductor Index having dropped nearly 14% from its peak. Funds are shifting towards AI supercomputing giants like Microsoft, Amazon, and Meta, as well as sec...
Morning Report | Vitalik outlines Ethereum's long-term roadmap, Lean Ethereum will become the third major iteration; SK Hynix seeks to attract more AI investors by listing in the U.S
July 5 Market Important Events Overview
Trump, the best stock trader among U.S. presidents
Trump has almost turned the presidency into a business and maximized the conversion of presidential influence into commercial profits.
From ByteDance to Financial Freedom: How did "Byte Brother" Leto develop his investment judgment skills to achieve a turnaround of 30 million?
Speak with data and signals, validate judgments with A/B tests, and seek asymmetric returns with limited risk exposure.
Selling coins despite a loss of 55 million dollars, the faith in Strategy has reached the interest payment date
The moment faith was securitized, Bitcoin became a bill.
OUSD False Cooperation Controversy? The Credit Game of Stablecoins and Endorsements by Giants
The success of stablecoins does not rely on rallying a group of alliance members for marketing, but rather on whether they have real use cases and genuine users.
Q-Day Countdown: Will Quantum Computing End Cryptocurrency?
In the face of dormant coins being plundered by quantum computing power, should we firmly uphold the unalterable bottom line of "code is law," or should we enforce a soft fork to freeze legacy assets?
The ten years of Cloud on the Air: From corner coffee to global financial infrastructure
How did a remittance company grow into a financial infrastructure that can replace SWIFT; when it really reaches this scale, how should stablecoins be positioned for it; and what can AI integrate into this infrastructure?
$10,000 in TRUMP Token vs. $10,000 in Nasdaq: The "Trump Trade" That Actually Worked in 2026
TRUMP Token lost more than 96% after its launch, while Nasdaq stocks and NVIDIA delivered strong gains. Compare what happened to a $10,000 investment and explore why asset fundamentals matter more than market hype.
Morning News | SK Hynix officially launches the marketing promotion process for its U.S. stock listing; the Central Cyberspace Administration announces the results of the first phase of rectifying AI application chaos, with over 14,000 non-compliant pr...
July 6 Market Important Events Overview
How has Binance's stock business performed in the 30 days since its launch?
Emerging market buying supported the first wave of demand.
Blockchain Capital Partner: AI is rewriting the fundamental unit of labor
The rise of AI is rewriting the basic unit of labor from "positions" and "companies" to "tasks." When programmable labor meets programmable currency, a production line without companies, salary systems, or HR becomes possible for the first time.
Can Open USD support Stripe's ambitions?
Stripe collaborates with multiple parties to launch OUSD, not only challenging the dominance of USDC but also exposing its trillion-dollar ambition to transition from a "payment interface" to a "next-generation funds settlement network."
Founder of Baixing.com: I believe half of the statement that large language models devour everything
The internet has been shouting for so many years about devouring everything. Has it really devoured everything now? Is it the internet that devours everything, or is it the large models that devour everything? Both are devouring, and nothing is left?
A "legal" robbery? Attackers emptied the BonkDAO treasury by buying tickets
Handing over the keys to the vault to a public vote where "anyone can spend money to participate," without sufficient oversight mechanisms, even the most legitimate governance ideals may turn into the most convenient tools for attackers.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com

