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Topic: And You Say Paypal Will Never Embrace Bitcoin (Read 3417 times)

hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
October 10, 2014, 11:13:50 AM
#49
It is very surprising that paypal is talking about accepting bitcoins.
Not really. Plenty of smart people work at Paypal. They don't want to go the way of Blockbuster Video.
sr. member
Activity: 338
Merit: 250
Hey, it isn't done yet! Paypal will very probably allow BTC transactions, but what's the point?

My thought exactly. What's the point, is PayPal delutional or something?

The past has finally decided to accept the present?

I don't get it.

What the point? What's the point in adoption? PP accepting bitcoin would be huge. You'd be able to spend your btc on ebay and anywhere that accepted PP.
sr. member
Activity: 462
Merit: 250

Hey, it isn't done yet! Paypal will very probably allow BTC transactions, but what's the point?

It will take time for Paypal to implement that. We could have online wallet with Paypal and do fast off chain transaction.
full member
Activity: 238
Merit: 100
Hey, it isn't done yet! Paypal will very probably allow BTC transactions, but what's the point?

My thought exactly. What's the point, is PayPal delutional or something?

The past has finally decided to accept the present?

I don't get it.
legendary
Activity: 840
Merit: 1000
So there will be no more post of "PAYPAL BLOCKED MY ACCOUNT BECAUSE IM TRANSACTING BITCOIN" ?

hold on for a while... Not sure about it.! u wouldnt wanna get blocked unnecessarily.!
newbie
Activity: 13
Merit: 0
September 23, 2014, 11:53:25 PM
#44
Another paypal news today! Yeah.. This one is big!
member
Activity: 72
Merit: 10
September 18, 2014, 02:45:53 AM
#43
Paypal has the financial muscle to develop BTC service better than other payment processors. Other processors will still survive if there is profit to make.

It has. So even from the start. Paypal has its eye on bitcoin.
sr. member
Activity: 462
Merit: 250
September 17, 2014, 08:03:55 AM
#42
Paypal has the financial muscle to develop BTC service better than other payment processors. Other processors will still survive if there is profit to make.
hero member
Activity: 826
Merit: 501
in defi we trust
September 17, 2014, 06:45:20 AM
#41
We dont need paypal to do the job for us we should make a paypal like bitcoin service to make it easy to fiat exchange

Paypal is used to buy things and send money to other persons it has nothing to do with an exchange of currencies.

As for your a bitcoin based Paypal , there is already Bitpay which I think it's in quite a bad situation right now.
newbie
Activity: 42
Merit: 0
September 17, 2014, 06:43:06 AM
#40
We dont need paypal to do the job for us we should make a paypal like bitcoin service to make it easy to fiat exchange

Bitcoin embraced paypal, paypal embraced bitcoin. what people should do is embrace change. Thats how everything goes in the world.
newbie
Activity: 42
Merit: 0
September 16, 2014, 04:11:40 AM
#39
We dont need paypal to do the job for us we should make a paypal like bitcoin service to make it easy to fiat exchange
There's already bitpay and a few others, but Paypal is currently used by a lot more businesses. Paypal may not be needed, but it's defiantly good news that they have decided to embrace Bitcoin.  It reinforces the fact that Bitcoin is something to pay attention to.
sr. member
Activity: 289
Merit: 251
September 16, 2014, 03:46:36 AM
#38
We dont need paypal to do the job for us we should make a paypal like bitcoin service to make it easy to fiat exchange
sr. member
Activity: 462
Merit: 250
September 16, 2014, 03:32:27 AM
#37
Tell me why do you need PayPal at all if you use Bitcoin??

We still need payment processors like coinbase. Paypal will be useful for adoption in the mainstream.

I think so. Paypal can have its own BTC wallet system. We can store BTC and spend from there.

Yes, plus Paypal its a huge brand these days, it would only help if they addopt BTC, we dont need to fight. What worrie me tho is the fees. Would they steal BTC from us with their ridiculous fees?
If their fee is too high, it is profitable to compete with Paypal, so the fee will be lower.
sr. member
Activity: 294
Merit: 250
September 15, 2014, 11:56:09 AM
#36
I think it would be wise for Paypal to be more accepting of bitcoin in the future. If can't beat them join them, as they say.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
September 15, 2014, 10:55:07 AM
#35
I used to say they will never accept BTC, but they are inching closer. It really would be dumb of them to miss the opportunity bitcoin could become. It would involve so little set up on their part and such a tiny risk of capitol.
There are several revenue streams they could exploit. Secure storage of BTC, ability to spend in many new places, legal options in cases of fraud. It could be a money maker for PayPal.  
sr. member
Activity: 322
Merit: 250
September 15, 2014, 10:54:32 AM
#34
Tell me why do you need PayPal at all if you use Bitcoin??

We still need payment processors like coinbase. Paypal will be useful for adoption in the mainstream.

I think so. Paypal can have its own BTC wallet system. We can store BTC and spend from there.

Yes, plus Paypal its a huge brand these days, it would only help if they addopt BTC, we dont need to fight. What worrie me tho is the fees. Would they steal BTC from us with their ridiculous fees?
sr. member
Activity: 462
Merit: 250
September 15, 2014, 10:32:13 AM
#33
Tell me why do you need PayPal at all if you use Bitcoin??

We still need payment processors like coinbase. Paypal will be useful for adoption in the mainstream.

I think so. Paypal can have its own BTC wallet system. We can store BTC and spend from there.
full member
Activity: 159
Merit: 100
September 14, 2014, 10:33:05 AM
#32
Tell me why do you need PayPal at all if you use Bitcoin??

We still need payment processors like coinbase. Paypal will be useful for adoption in the mainstream.
newbie
Activity: 27
Merit: 0
September 14, 2014, 10:25:09 AM
#31
Paypal is shit with the fees, i hope we can get btc soon
newbie
Activity: 26
Merit: 0
September 14, 2014, 09:58:27 AM
#30
Gotta get their thumbs into the bitcoin pie somehow
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