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Topic: Paypal says (David Marcus): Bitcoin is good - page 2. (Read 2483 times)

sr. member
Activity: 302
Merit: 252
December 10, 2013, 10:26:10 AM
#16
Or maybe they'll come up with their own exchanges, imagine a paypal BTC/USD exchange?

How does OKPAY do it? You can change there already directly, although the prices need to get better.
How big is OKPAY compared to Paypal?
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
December 10, 2013, 10:25:44 AM
#15
"I really like Bitcoin. I own bitcoins," Marcus said


wow, cool!
full member
Activity: 224
Merit: 104
December 10, 2013, 10:16:36 AM
#14
Quote
They will never adopt BTC, at best they will create their own cryptocurrency which will be centralized/tracable/taxable etc

I wouldn't say never  Grin, sooner or later they will have to start accepting it. (If all goes well)

The problem with BTC on paypal or amazon is I think that paypal/amazon want fiat money for their purchases.  So how would they turn BTC into fiat?  I think if exchanges get their act in gear it would benefit acceptance of BTC.  Or maybe they'll come up with their own exchanges, imagine a paypal BTC/USD exchange?
sr. member
Activity: 350
Merit: 250
December 10, 2013, 10:13:30 AM
#13
if paypal say its OK i really starting to worry
sr. member
Activity: 308
Merit: 250
December 10, 2013, 10:12:05 AM
#12
Could it be because he knows that BTC may never become a true currency in the sense of the word,and the usage of BTC will at least increase the demand for online vendors like Paypal?

We've seen how some banks have reportedly frozen the credit card accounts of people who have deposited moiney to exchanges like Cryptsy or btc-e,so it would be safer to first wire that cash through Paypal. More business via BTC=more profit for online vendors.
member
Activity: 146
Merit: 10
December 10, 2013, 10:05:25 AM
#11
Quote
The days of paying for gas with your shellcoin and grabbing a bigmac with your mccoin are not far away:)

This might be the case (optional though) but fiat and crypto is not going anywhere I guess.   
member
Activity: 84
Merit: 10
.
December 10, 2013, 10:02:39 AM
#10
The days of paying for gas with your shellcoin and grabbing a bigmac with your mccoin are not far away:)
member
Activity: 146
Merit: 10
December 10, 2013, 10:01:39 AM
#9
Quote
They will never adopt BTC, at best they will create their own cryptocurrency which will be centralized/tracable/taxable etc

I wouldn't say never  Grin, sooner or later they will have to start accepting it. (If all goes well)
hero member
Activity: 740
Merit: 501
December 10, 2013, 09:57:16 AM
#8
They will never adopt BTC, at best they will create their own cryptocurrency which will be centralized/tracable/taxable etc
legendary
Activity: 1330
Merit: 1000
dafar consulting
December 10, 2013, 09:56:27 AM
#7
Can Paypal, Amazon and Ebay integrate with bitcoin already? Will 2014 be the year?

These large corporations are working on creating they're own digital currencies. Over the next several years I predict we will see all kinds of corporations adopt digital currencies.
I can only imagine the benefits and tax breaks that major corporations could generate through the manipulation of they're own non taxable anonymous currency.

http://www.amazon.com/gp/feature.html?docId=1001166401

Wtf is up all these companies (Amazon, Apple, JPMorgan) trying to create their own virtual currency!! Fuck them. Is this bad news for bitcoins? Does that mean it's unlikely that Amazon will accept bitcoins as payment? But I don't think their currency is the same kind of crypto currency that bitcoins are, they're not programmable and provide the same world wide peer-to-peer benefits of bitcoins right?
member
Activity: 146
Merit: 10
December 10, 2013, 09:54:45 AM
#6
Quote
I can only imagine the benefits and tax breaks that major corporations could generate through the manipulation of they're own non taxable anonymous currency.

Honestly I don't see that kind of currencies standing any chance in front of open source true global ones.

  
sr. member
Activity: 302
Merit: 252
December 10, 2013, 09:52:33 AM
#5
Can Paypal, Amazon and Ebay integrate with bitcoin already? Will 2014 be the year?

It will maybe in the future, look what he said, sounds like paypal ist not so negative about bitcoin:

- "I really like Bitcoin. I own bitcoins,"
- " But it won't be a currency until volatility slows down. Whenever the regulatory framework is clearer, and the volatility comes down, then we'll consider it. "
member
Activity: 84
Merit: 10
.
December 10, 2013, 09:49:34 AM
#4
Can Paypal, Amazon and Ebay integrate with bitcoin already? Will 2014 be the year?

These large corporations are working on creating they're own digital currencies. Over the next several years I predict we will see all kinds of corporations adopt digital currencies.
I can only imagine the benefits and tax breaks that major corporations could generate through the manipulation of they're own non taxable anonymous currency.

http://www.amazon.com/gp/feature.html?docId=1001166401
member
Activity: 84
Merit: 10
.
December 10, 2013, 09:42:13 AM
#3
I agree that tap to pay is a trend that never caught on.

I do believe though that we will see other forms of telephone payments rather than cash/debit card that fully incorporate mobile phones.
Crypto currencies can easily integrate with this new form of payment and revolutionize the way we do business.
legendary
Activity: 1330
Merit: 1000
dafar consulting
December 10, 2013, 09:38:32 AM
#2
Can Paypal, Amazon and Ebay integrate with bitcoin already? Will 2014 be the year?
member
Activity: 146
Merit: 10
December 10, 2013, 09:30:10 AM
#1
I think it's a very good move because he realised if you can't beat them, join them

http://news.cnet.com/8301-1023_3-57615080-93/paypal-president-david-marcus-bitcoin-is-good-nfc-is-bad/
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