Yes, this is a good test for PayPal to see how a lot of bitcoin transactions will work. If all goes well, I could certainly see PayPal integrating bitcoin down the road (possibly using Coinbase to do it!).
Paypal and Coinbase are a perfect match, since they both are best-in-class when it comes to spying on their customers and restricting legitimate transactions.
It makes me sad that people seem to be too blinded by greed to see that Paypal and Coinbase betray the core principles of Bitcoin. For Bitcoin's future as a decentralized currency it would certainly be positive to get rid of Coinbase and the user base associated with it.
Who needs Paypal and its fees, when you have Bitcoin?
ya.ya.yo!
From your mouth to the Bitcoin gods ears! ... I could not agree with you any more than how you said it. They add extra fees to Bitcoin tx's too, effectively eliminating the advantage that we had over
other payment methods. They rape pseudo anonymity by applying KYC/AML regulations and render Bitcoin to nothing more than a alternative to credit cards and PayPal. If you use this option, you
would have less anonymity than cash.
