Paypal + Bitcoin: Welcome to the promised land! - page 3.

Bitcoinpro

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Quote from: cryptworld on September 08, 2014, 03:02:28 PM

Quote from: ?? on ??

I messaged

https://www.facebook.com/PayPal?sk=wall

to ask them if the video is legitimate

and if they are considering accepting bitcoin

have you read the thread?
havent you seen that braintree (paypal company) is accepting bitcoin

yes i have read the whole thread Braintree is another Ebay subsidiary

this thread is about paypal,

stories are saying Paypal aquired Braintree but I think Ebay is planning on merging them,

these stories are less than a year old so probably not too much has happened with their

company structures yet, be best to ask some of the media reps from the respective

companies to get the finer details,

http://techcrunch.com/2013/09/26/paypal-acquires-payments-gateway-braintree-for-800m-in-cash/

http://techcrunch.com/2014/09/08/paypal-braintree/

ok so the Braintree story is brand new as well about them accepting bitcoin

so you can see with the two company structures overlapping this is why Paypal

has released a video endorsing Bitcoin.

Braintree is partnering with www.ycombinator.com/ a startup manager

and Coinbase in helping implementing a one touch payment system,

Neither Paypal, Braintree or Coinbase is a startup so they could possibly

be spinning of another company, maybe their own Bitcoin wallet software company

which will help implement the software into the one touch system.

cryptworld

hero member

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Quote from: ?? on ??

I messaged

https://www.facebook.com/PayPal?sk=wall

to ask them if the video is legitimate

and if they are considering accepting bitcoin

have you read the thread?
havent you seen that braintree (paypal company) is accepting bitcoin

BitCoinDream

legendary

Activity: 2394

Merit: 1216

The revolution will be digital

Quote from: Bitcoinpro on September 08, 2014, 02:56:01 PM

they will still need guidance, though they are realizing that open source currency is the way of the future

This comment summarizes it all => https://www.youtube.com/watch?v=pF7HxLCFMeY&google_comment_id=z12dyryjkl2czlchd04cgfsjmvy1epir1e4

Quote

A rat fleeing a sinking ship, an attempt to incorporate revolutionary innovation (Bitcoin) into a failing system. Hear me out Paypal: crypto-currencies don't need you. We have our wallet software and own blockchains, we no longer need a babysitter to hold our money for us. We don't trust you because you've been pandering to the power structure and the fiat overlords for long years.

Have a nice shunning, it will be awry for you.

BADecker

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Merit: 1373

Remember the old eGold company in the early 2000s? PayPal accepted eGold back then. After a little while, PayPal started suspending accounts of people who had eGold accounts. Lots of eGold users simply lost their money that they had in PayPal.

eGold was a centralized ecurrency money transfer company. It was something similar to Bitcoin except that it was centralized. The feds took it down like they took Liberty Reserve down under claims of money laundering. They would take Bitcoin down, but they can't without taking the whole world down. They are trying to do this.

The little point is, I wouldn't really trust PayPal for any more than tiny amounts of money that wouldn't harm me if I lost them. The big point is, personally I think that PayPal is a government "stooge" company. I don't trust them.

I just queried egold.com. eGold is completely gone.

InwardContour

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I can't see any bitcoin logo in their website... tell me if you spot them.

Bitcoinpro

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they will still need guidance, though they are realizing that open source currency is the way of the future

BitCoinDream

legendary

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The revolution will be digital

Quote from: _smudger_ on September 08, 2014, 09:50:24 AM

https://www.youtube.com/watch?v=pF7HxLCFMeY&feature=youtu.be&t=8s

Probably I'm missing something. I checked the video. A lot of people are talking about Bitcoin in the comment. But where is Bitcoin logo in the vid ?

keithers

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This is the land of wolves now & you're not a wolf

Paypal implementing BTC would be a huge step for BTC because it would be an added layer of security for Buyers who are paying in BTC. As of right now, buyers (paying in BTC), have to rely heavily on the seller's reputation, and/or escrow to make sure they are protected once they make a BTC payment.

If Paypal brings on BTC, it will give that same security for buyers that it does for sellers. Paypal + BTC would be a nice transaction.

valkir

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That's a really nice news! Grin

Jay Gatsby

newbie

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Yesssss!!!

this makes me so happy

niktitan132

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Awesome news! Grin

iluvpie60

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when i watched this it sounded like a joke, saying it is magical money is like getting in a dig isn't it? paypal has an app that can act just like bitcoin is what it sounds like they are saying?? am i the only one who thinks they are making fun of bitcoin kind of here? i dont get this weird commercial...

franckuestein

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Truth will out!

Finally great news, of course!
Ready says that PayPal is partnering with Coinbase to enable a Bitcoin-based payment system. "This would be PayPal's first foray into Bitcoin" he said. "But it's via the Braintree platform.

"That service is still in the works, he says, and it won't be handled exclusively through PayPal -- merchants interested in using the emerging system will need a Coinbase wallet to accept payments.

Of course, PayPal just gave hundreds of bitcoiners an erection
Announcement: http://blog.coinbase.com/post/96987622472/braintree-partners-with-coinbase-to-accept-bitcoin

juju

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Found two articles on forbes and bloomberg about it:

http://www.forbes.com/sites/ryanmac/2014/09/08/ebay-announces-first-foray-into-bitcoin-with-braintree-unit/

http://www.bloomberg.com/news/2014-09-08/ebay-s-paypal-unit-to-start-accepting-bitcoin-payments.html

superpanos2

member

Activity: 88

Merit: 10

Oh that's good news.
There were already rumours about this, but we just got a confirmation...
Personally I don't think Paypal is the hero of bitcoin, but it will still give a boost in global adoption.
However, btc does very well alone..

ticoti

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http://blog.coinbase.com/post/96987622472/braintree-partners-with-coinbase-to-accept-bitcoin

pedrog

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Mystery solved, Paypal on board, quite awesome!

de_ixie

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Yes baby

BittBurger

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Do you all feel that this really is any different from, say, Shopify "adding bitcoin" as an "option" for their thousands of customers? I don't want to be pessimistic, but all this adds is the option "for those who want to use Bitcoin". Its not like "Paypal is using Bitcoin" as part of its business model. Technically. Thoughts?

-B-

runam0k

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Merit: 1001

Touchdown

Yeap, building into their Braintree software (i.e. the one used by Uber, Airbnb, Dropbox, etc).

“This is PayPal making a move to embrace Bitcoin,” Ready said, pointing out that Braintree is the go-to developer platform for PayPal.

http://techcrunch.com/2014/09/08/paypal-braintree/

Topic: Paypal + Bitcoin: Welcome to the promised land! - page 3. (Read 5889 times)