They can hardly denounce crypto currencies given the similarities to paypal accounts, but if they think they are going to be able to control BTC accounts in the same way they treat current paypal accounts (random freezes, chargebacks, outright bans etc...), then they totally do not get BTC and how it's going to impact them.
Right now the top most worried about Bitcoin organisations should be:
1) Western Union
2) Visa/MasterCard/Amex etc...
3) PayPal
4) Banks
5) Governments with inflating fiat (Ooops thats most of them)
Right now the top most worried about Bitcoin organisations should be:
1) Western Union
2) Visa/MasterCard/Amex etc...
3) PayPal
4) Banks
5) Governments with inflating fiat (Ooops thats most of them)
I agree. But PaxPal will make use of it
. And Banks maybe to. We only need few countrys to accept it others will folow, they will all accept it at the end. They need to . Yeah they are damned if they do, and damned if they don't. But any organisation implementing BTC needs to seriously ask how it's adding value with it's services, they won't be able to demand excessive margin via monopoly any more!
