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Topic: 2012-07-10 arstechnica.com - PayPal sets down stricter regulations for file... (Read 1282 times)

legendary
Activity: 2198
Merit: 1311
This is, I think, a big deal.  As traditional online payment processors pull away from stuff like this, it's going to leave a pretty big hole for new payment processors to come in a fill, and what better to fill it than an unseizable, potentially anonymous, purely digital, distributed currency.

You think Bitcoin is the answer? But what about mountain hours?

I prefer Cliff Minutes.
legendary
Activity: 1246
Merit: 1014
Strength in numbers
This is, I think, a big deal.  As traditional online payment processors pull away from stuff like this, it's going to leave a pretty big hole for new payment processors to come in a fill, and what better to fill it than an unseizable, potentially anonymous, purely digital, distributed currency.

You think Bitcoin is the answer? But what about mountain hours?
legendary
Activity: 2198
Merit: 1311
This is, I think, a big deal.  As traditional online payment processors pull away from stuff like this, it's going to leave a pretty big hole for new payment processors to come in a fill, and what better to fill it than an unseizable, potentially anonymous, purely digital, distributed currency.
newbie
Activity: 51
Merit: 0
Bitcoin is only mentioned as the final word in this brief article but it links to an earlier Ars Technica article about Bitcoin.

PayPal sets down stricter regulations for file-sharing sites
http://arstechnica.com/business/2012/07/paypal-sets-down-stricter-regulations-for-file-sharing-sites/
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