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Topic: PAYPAL FOUNDER PETER THIEL: “BITCOIN IS THE OPPOSITE OF PAYPAL” - page 3. (Read 3384 times)

legendary
Activity: 1862
Merit: 1014
Reverse engineer from time to time
The drug argument once again, and yet I've read that nearly every U.S dollar bill in circulation has trace amounts of cocaine on it.
hero member
Activity: 686
Merit: 500
Didn't paypal said that they will start using bitcoin ? etc. ? Shocked
outch
Quote
Bitcoin is the opposite of PayPal, in the sense that it actually succeeded in creating a currency,” he said.  “However, its payment system is lacking, and it is often used to make illegal transactions, such as to buy heroin. Until Bitcoin is used to make more legal transactions, I am a bit skeptical.

Source here : https://www.cryptocoinsnews.com/paypal-founder-peter-thiel-bitcoin-opposite-paypal/


EDIT (more interessting things about bitcoin & paypal) :

http://www.adweek.com/news/technology/paypal-accepts-bitcoin-games-ringtones-and-music-purchases-160347
https://www.paypal-community.com/t5/PayPal-Forward/PayPal-and-Virtual-Currency/ba-p/828230


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