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Posted on 5/2/13 at 3:50 pm to Broke
PayPal could forever change the way we use bitcoin
Wow...how big of a game changer would that be? I imagine Broke and Vols would change their stance on bitcoin. Russian would remain a moron though.
quote:
Can bitcoin enthusiasts put down the anti-Paypal pitchforks? PayPal has dominated the bitcoin news headlines over the last week with striking discussions from both PayPal and Ebay senior executives – they are openly discussing bitcoin, and in a positive light. However, no one has addressed why these headlines are important. PayPal most likely sees a business case in solving at least one of the four significant barriers to bitcoin seeing wider adoption: easy to use wallets, escrow for large transactions, quick acceptance by merchants, and reliable exchanges. PayPal can use its brand and infrastructure as a significant competitive advantage for solving the first two almost immediately, and could eventually be a game changer for the later two.
Wow...how big of a game changer would that be? I imagine Broke and Vols would change their stance on bitcoin. Russian would remain a moron though.
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