Agree with op. I don't get if the powers that be are such fans then why aren't they taking a more direct approach to implementing it in some way. I think Paypal wpuld be better off making their own version of Bitpay etc and look at earning their cut that way.
What's holding them? I mean, merchants all over the world is lining up for bitcoin integration, why not them? Why not look bitcoin as an ally and not as an enemy? They can make more money together, I think..
Isn't Paypal official working with Bitcoin already? before I go insane.. please somebody tell me what this is then?