Quote from: pinkslink on February 12, 2016, 04:22:11 PM

you may all be missing the point

paypal is interested in BTC
dont forget they got Wences Casares on board

unless they plan to make PPcoin

dont forget about tax with crypto,
imagine if you shop online, and PP simply converts to crypto before paying seller
sellers can remove VAT from selling price
and buyers would never even know they are buying crypto/btc
it would all be seemless

PP will also save on tax, if it moves all funds around as crypto,
exhanging to fiat only when in their chosen low tax haven, if they even need to.

crypto for PP has big potential
but whether they would adopt BTC (which would be the smarter option)
or create their own and compete head on with BTC is anyone guess

The day paypal incorporates bitcoin, will be one massive leap for bitcoin

I used to think Paypal was interested in Bitcoin because of the signing of Wences Casares but I don't think anyone is interested in Bitcoin itself anymore, it's just a joke for all companies and businessmen. All they care is the blockchain that's why Ethereum is soaring right now and if the uptrend continues during this year (people getting out of Bitcoin) then it could definitely be in trouble.