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Topic: PayPal president regarding Bitcoin: "we're kind of thinking about it right now" (Read 667 times)

full member
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In Gord We Trust
"We're kind of thinking about it" actually means "We're DDoSing MtGox right now..."

 Cool Cool Cool

At least companies like Western Union and PayPal are seriously considering what Bitcoin could do to their business model (skewer it) if it became even remotely popular.

LOL yes!
sr. member
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"We're kind of thinking about it" actually means "We're DDoSing MtGox right now..."

 Cool Cool Cool

At least companies like Western Union and PayPal are seriously considering what Bitcoin could do to their business model (skewer it) if it became even remotely popular.

Oh yeah, and that guy probably bought $1million in bitcoins right before he mentioned them.

NOTHING TO SEE HERE, FOLKS. EVERYTHING IS EXACTLY THE SAME AS IT WAS RIGHT AFTER THE 2011 CRASH. PREPARE FOR SINGLE DIGITS. WE'RE GOING DOWN DOWN BABY, YO' STREET IN A RANGE ROVER. LONG, SLOW SLIDE. WE'RE IN "DELUSION" PHASE RIGHT NOW - LOOK HERE'S A PRETTY CHART FOR PROOF, I EVEN PUT LINES AND WORDS ON IT.

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Activity: 188
Merit: 108
In a video posted on Bloomberg:
http://www.bloomberg.com/video/paypal-sees-20-billion-in-mobile-transactions-WlokACTBRterdjHAJGNB6w.html
(skip to about 2:50)

he says:
Quote
And I think here, for us at PayPapl, it's just a question of whether Bitcoin will make its way to PayPal's funding instrument or not, and we're kind of thinking about it right now.

Big thanks to just1nmc for providing the link: https://bitcointalksearch.org/topic/paypal-president-interested-in-bitcoin-186349

The question is:
Is it going to affect the price? Is PayPal going to be the next Kodak?

Once I read somewhere: "you know - the Internet is like the real life, though everything is like 7 times faster" somebody said that in 1995.

And I think it still applies. What do you think? Might Bitcoin cripple PayPal's current business?
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