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Topic: Three Paypal founders invest in BitPay - page 3. (Read 5886 times)

sr. member
Activity: 240
Merit: 250
this will put some pepper in paypal ass
legendary
Activity: 2097
Merit: 1070
...snip...

Paypal was started as a rebellion against the useless banks that were stifling online business. These guys may still have fire in their bellies Smiley

Do they still even own Paypal ?


eBay bought them out making them richer than Croesus.

So here they are again, about to launch something that could replace Paypal.

I would expect Paypal to do something about this. We already know they've been looking into Bitcoin.
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
...snip...

Paypal was started as a rebellion against the useless banks that were stifling online business. These guys may still have fire in their bellies Smiley

Do they still even own Paypal ?


eBay bought them out making them richer than Croesus.

Correct. They don't work at Paypal.
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
These guys are the founders from Paypal investing in BitPay. It's not like it's Paypal directly investing in BitPay.

The way I'm thinking is : They did the almost impossible before, maybe they'll do it again but this time with BitPay instead of PayPal.
I see what your saying. But I wonder if they are buying a piece of BitPay with the intention of an eventual takeover. Why else would they invest in a competitor?


Paypal could just integrate Bitcoin right now. They don't need to buy anyone. But this has nothing to do with Paypal.

http://www.foundersfund.com/

Luke Nosek, Ken Howery, Peter Thiel don't even work at Paypal anymore. This is a fund to help tech startups. It's just throwing the Paypal reference because it adds some weight to the whole e-commerce heavyweight angle.
legendary
Activity: 1218
Merit: 1001
...snip...

Paypal was started as a rebellion against the useless banks that were stifling online business. These guys may still have fire in their bellies Smiley

Do they still even own Paypal ?


eBay bought them out making them richer than Croesus.
legendary
Activity: 2097
Merit: 1070
I wonder if this news came out today in response to WebMoney announcing that they're now accepting Bitcoin.

I think the race is on to become the 'paypal of bitcoin'.
full member
Activity: 125
Merit: 100
If only they instead used their expertise to bring about a reliable bitcoin exchange.
legendary
Activity: 1904
Merit: 1002
These guys are the founders from Paypal investing in BitPay. It's not like it's Paypal directly investing in BitPay.

The way I'm thinking is : They did the almost impossible before, maybe they'll do it again but this time with BitPay instead of PayPal.
I see what your saying. But I wonder if they are buying a piece of BitPay with the intention of an eventual takeover. Why else would they invest in a competitor?


Hedging/Risk Management
legendary
Activity: 2097
Merit: 1070
These guys are the founders from Paypal investing in BitPay. It's not like it's Paypal directly investing in BitPay.

The way I'm thinking is : They did the almost impossible before, maybe they'll do it again but this time with BitPay instead of PayPal.
I see what your saying. But I wonder if they are buying a piece of BitPay with the intention of an eventual takeover. Why else would they invest in a competitor?


Paypal was started as a rebellion against the useless banks that were stifling online business. These guys may still have fire in their bellies Smiley

Do they still even own Paypal ?
legendary
Activity: 1218
Merit: 1001
These guys are the founders from Paypal investing in BitPay. It's not like it's Paypal directly investing in BitPay.

The way I'm thinking is : They did the almost impossible before, maybe they'll do it again but this time with BitPay instead of PayPal.
I see what your saying. But I wonder if they are buying a piece of BitPay with the intention of an eventual takeover. Why else would they invest in a competitor?


Paypal was started as a rebellion against the useless banks that were stifling online business. These guys may still have fire in their bellies Smiley
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
These guys are the founders from Paypal investing in BitPay. It's not like it's Paypal directly investing in BitPay.

The way I'm thinking is : They did the almost impossible before, maybe they'll do it again but this time with BitPay instead of PayPal.
I see what your saying. But I wonder if they are buying a piece of BitPay with the intention of an eventual takeover. Why else would they invest in a competitor?
legendary
Activity: 2097
Merit: 1070
These guys are the founders from Paypal investing in BitPay. It's not like it's Paypal directly investing in BitPay.

The way I'm thinking is : They did the almost impossible before, maybe they'll do it again but this time with BitPay instead of PayPal.
member
Activity: 161
Merit: 11
Good news for Bitpay, not so much for Bitcoin.
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
Great just what we need, PayPal having absolutely anything to do with bitcoin.
hero member
Activity: 728
Merit: 501
CryptoTalk.Org - Get Paid for every Post!
Very nice!!
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
This is big. I think PayPal may be trying to capitalize on Mt.Goxes misfortune. Could bitcoin and her frienemy PayPay get married?
legendary
Activity: 2097
Merit: 1070
Wow, this is big news :

http://www.reddit.com/r/Bitcoin/comments/1eg51m/bitpay_raises_2_million_led_by_founders_fund/

Three Paypal founders investing in Bitpay and the conference hasn't even started yet.

I've got a feeling things could be looking up over the coming weekend.

I'm not sure about next week but in the short term I think things are looking good.
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