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re: Khan Academy releases Bitcoin videos

Posted on 5/2/13 at 3:50 pm to
Posted by WikiTiger
Member since Sep 2007
41055 posts
Posted on 5/2/13 at 3:50 pm to
PayPal could forever change the way we use bitcoin

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.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65066 posts
Posted on 5/2/13 at 3:52 pm to
Think about this. How does Paypal get paid? Fees. What's the benefit of bitcoin (so you say)? No fees. This doesn't add up with their business model. At all.

ETA: I'm not changing my stance.
This post was edited on 5/2/13 at 3:53 pm
Posted by BennyAndTheInkJets
Middle of a layover
Member since Nov 2010
5612 posts
Posted on 5/2/13 at 3:55 pm to
Don't know why you would be so excited about that considering all transactions and accounts in PayPal have history.
Posted by LSURussian
Member since Feb 2005
127247 posts
Posted on 5/2/13 at 4:12 pm to
quote:

Russian would remain a moron though.



Know how I know I've pwned you???
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