Former PayPal Boss Makes Epic Prediction About Bitcoin's Function

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David Marcus, former president of PayPal and now CEO of Lightspark, stated that Bitcoin (BTC) is on the right track to become a major player in everyday transactions, and not just as an asset that can store wealth.

Speaking in an episode on CNBC, quoted from U.Tpday, Sunday (4/5/2025), Marcus expressed what he sees as the next phase of digital money - a future where BTC is not just stored but actually used.

Thus, the financial institution executive predicts a transition to a hybrid system where people use national currencies for everyday spending while also storing and spending Bitcoin, which is earned through things like rewards or microtransactions.

For him, this is not speculation. This is a function built into the way the system works.

David Marcus sees Bitcoin being integrated into self-custodied wallets, with balances increasing over time and ultimately able to be spent like cash.

Recently, the financial system, built over decades and moving trillions of dollars each year, is experiencing a collapse.

Pointing to outdated infrastructure and slow payment systems that do not match how fast the global economy is currently moving.

His message to executives of the old financial system is very clear: outdated systems like SWIFT were not built for what is to come. If this new infrastructure succeeds, Bitcoin could generate money just like the internet did in terms of communication.

The company led by Marcus, which is working on technology to make this happen, is building BTC and adding various tools such as universal currency addresses.

In a plan revealed by the executive during the CNBC interview, these addresses will allow people to send money in various currencies between banks around the world instantly.