It's not fully integrated so it seems like this is barely a first step. Really all they're doing is not denying these transactions to go through anymore just solely based on them being cryptocurrency transactions. It's a decent start I guess.
This is huge news!
Even if only in one direction, it is a major step for Bitcoin. I once suffered a 6 months suspension of my Paypal account for the "crime" of (being suspected of) selling Bitcoins (of course the buyer had a great reputation or I wouldn't have done it)
This is the worst first step for bitcoin.The plan was to Boycott paypal and not support it.I'm not really happy with the teaming up part,still an entire generation of the wealthy elite gentlemen would suffer paying service taxes for the sakes of trading a crypto which barely needs one.Hey what's next ? Paypal buys bitcoin and runs it centrally ? Paypal knows bitcoin is the serious threat for their existence,they wouldn't survive the revolution and hence this massive venture.You can always shake hands if you fail to beat it.Nicely played paypal,you still fuckin suck.
It's not fully integrated so it seems like this is barely a first step. Really all they're doing is not denying these transactions to go through anymore just solely based on them being cryptocurrency transactions. It's a decent start I guess.
Yeah ,now to match up with their standards ,you will have to pay almost "double" the transaction fees out of which some goes in their own bank and a 20% to miners.I don't think how this is good for bitcoins ,not even slightly.
