Good. Hopefully, it's not a shitty system like PayPal and E-Bay currently has.
shitty for us = lucrative for them.. so i wouldn't hold my breath.
Topic: Ebay CEO finally surrender to Bitcoin - page 4. (Read 7439 times)
shitty for us = lucrative for them.. so i wouldn't hold my breath.
i dont think he has finally surrended
important and clever people have seen the importance of bitcoin since the beggining.
the point is that it is an early technology and they have to think very good how to implement in their enterprises because it may have some repercusions
important and clever people have seen the importance of bitcoin since the beggining.
the point is that it is an early technology and they have to think very good how to implement in their enterprises because it may have some repercusions
That is a pretty bold statement for the CEO to say. He didn't say oh yeah bitcoin is interesting we have our eye on it maybe. He said Paypal will have to add digital currencies to our wallet.
The earthquake already happened... we are just sitting and waiting for the tsunami.
Good. Hopefully, it's not a shitty system like PayPal and E-Bay currently has.
I think that it is a bit problematic for ebay to allow payments in bitcoin because it will reduce the usege in paypal and paypal will not let it happen
I haven't been on eBay in over a decade so things might have changed but how would letting the sellers accept bitcoin be any different from letting them accept MC/Visa as far as PayPal is concerned?i guess they could make you use bitcoin via paypal, and eat the same fees.. why not right? you'd still be using paypal to make your payments, just like you would if you were using your debit/credit cards.
I think that it is a bit problematic for ebay to allow payments in bitcoin because it will reduce the usege in paypal and paypal will not let it happen
I haven't been on eBay in over a decade so things might have changed but how would letting the sellers accept bitcoin be any different from letting them accept MC/Visa as far as PayPal is concerned? 
Yes but most people including the general public unfortunately don't care about paypal and wikileaks.
sad :-(
did you care about?
Most people simply aren't informed about such issues. With both sides in the US condemning these things and the media happily lapping it up and regurgitating it to the average person it is a wonder they actually have the support of even a few people.
Yes but most people including the general public unfortunately don't care about paypal and wikileaks.
sad :-(
did you care about?
I think that it is a bit problematic for ebay to allow payments in bitcoin because it will reduce the usege in paypal and paypal will not let it happen
it might takes till ebay will allow bitcoin. however i think alibaba will accept them before.
I am tired of hearing what they may do, I want to hear when and how. This is the third time in these couple of months I heard similar statements from eBay. Things seems to be moving forward, but nothing definite.
Ebay should just allow their customers to pay using Bitcoin separately from Paypal.
This way, Paypal is not controlling Ebay's payment system. Unless Ebay is own by Paypal 100% then that's a whole different story.
This way, Paypal is not controlling Ebay's payment system. Unless Ebay is own by Paypal 100% then that's a whole different story.
Then they would be on the hook for their buyer protection thing and have no way to collect their fees.
Quote
Purchases are covered by the eBay Money Back Guarantee when all of the following are true:
The purchase was made with the Pay Now option or an eBay invoice
IOW, even if the money doesn't go through a PayPal account, proof that you paid the buyer in messages on eBay's site won't be enough, the bitcoin will have to go to eBay first, and no doubt they'll take their cut, not to mention hold on to the funds for any seller that hasn't "earned their trust."The purchase was made with the Pay Now option or an eBay invoice
ETA: More importantly, it wouldn't surprise me if the refund was required to be in the form of the auction currency and/or the buyer was required to take a loss due to conversion rates in many cases (bitcoin price goes up? sorry, you get less back. it went down? lucky you, you get what you sent back.).
Precisely. No way they allow us to host our own payments. They will be escrow and arbitrator so disputes will generally come down on the side of the buyer.
Ebay should just allow their customers to pay using Bitcoin separately from Paypal.
This way, Paypal is not controlling Ebay's payment system. Unless Ebay is own by Paypal 100% then that's a whole different story.
This way, Paypal is not controlling Ebay's payment system. Unless Ebay is own by Paypal 100% then that's a whole different story.
Then they would be on the hook for their buyer protection thing and have no way to collect their fees.
Quote
Purchases are covered by the eBay Money Back Guarantee when all of the following are true:
The purchase was made with the Pay Now option or an eBay invoice
IOW, even if the money doesn't go through a PayPal account, proof that you paid the buyer in messages on eBay's site won't be enough, the bitcoin will have to go to eBay first, and no doubt they'll take their cut, not to mention hold on to the funds for any seller that hasn't "earned their trust."The purchase was made with the Pay Now option or an eBay invoice
ETA: More importantly, it wouldn't surprise me if the refund was required to be in the form of the auction currency and/or the buyer was required to take a loss due to conversion rates in many cases (bitcoin price goes up? sorry, you get less back. it went down? lucky you, you get what you sent back.).
They don't even have to hook up Bitcoin to their eBay auction site. It could just be another coinbase type business for them, offering Bitcoin wallet service.
Basically they want to kill coinbase, because coinbase is a serious threat to paypal if it grows big.
Yes but most people including the general public unfortunately don't care about paypal and wikileaks.
Remember 2010 when paypal froze money from wikileaks.
remember 2011 when freedom fighter were arrested because of paypal (ebay)
wikileaks still havn't their acount incl. money back
Don't support what is destroying you! http://www.wired.com/2010/12/paypal-wikileaks/
remember 2011 when freedom fighter were arrested because of paypal (ebay)
wikileaks still havn't their acount incl. money back
Don't support what is destroying you! http://www.wired.com/2010/12/paypal-wikileaks/
It will be interesting to see how they proceed. A positive statement for the industry. Many consumers will still be skittish on why they should use bitcoin instead of traditional payment paths. I still get the crazy looks and head turns when I mention bitcoin to people (and that is just from family and friends ;-). Still a ways to go.
I think it'll be a very long time before it happens if at all. They're probably just looking at how they can implement it and if its worth it to them.
It will be interesting to see how they proceed. A positive statement for the industry. Many consumers will still be skittish on why they should use bitcoin instead of traditional payment paths. I still get the crazy looks and head turns when I mention bitcoin to people (and that is just from family and friends ;-). Still a ways to go.
Ebay and DISH are not even remotely related. How can DISH compete with Ebay on anything?
Also, the CEO of Ebay was already bullish on bitcoin for a while, it just seems like he is confirming it even more and he will likely try to convince the other board members to integrate it soon.
Also, the CEO of Ebay was already bullish on bitcoin for a while, it just seems like he is confirming it even more and he will likely try to convince the other board members to integrate it soon.
It's about time. I remember watching Donahoe previously and he seemed opposed to Bitcoin. Then he seemed to reluctantly consider it. Now he seems to be a supporter. In 3 more weeks, he will be the biggest Bitcoin fanboy and Bitcoin logos will be all over eBay and PayPal.
Yes it's strange. I wonder what made him change his mind? Maybe he realized it's a credible threat to his business.
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