Quote from: newguy05 on June 29, 2013, 12:55:06 PM

Quote from: MinermanNC on June 29, 2013, 04:30:19 AM

Ironically enough, paypal is looking at bringing bitcoin in under their roof as another form of payment method. I have watched a video with paypal's CEO mentioning it, and an employee told me he had heard that as well....hmmm makes ya wonder doesn't it....

Edit: That would be great news if they did ,,,and BTC value would sky rocket, Im sure

that's a wet dream... the legal and monetary implications are tremendous. No established company will take on that kind of risk without a prior precedent.

but since this whole thread is hopes and dreams, if paypal does accept btc as a form of payment, it will completely legitimize bitcoin OVER NIGHT, establish it as a mainstream currency, and most important set the precedent for everyone else to follow - all the rats will then come out of the holes and start accepting bitcoin as well. Of course the price will then skyrocket, which will get the financial sector interested, then the good times will roll. Right now bitcoin is at what? 1billion market cap? wall street wont even take a piss on it with that kind of number, but if it becomes 50-100 billion market then there will be interest. And the beauty of all this is when the government start to enforce policies, the lobbyists of those big firms will be working FOR bitcoin.

While we are having this nice dream with hand on our ****, why not imagine avalon is actually legit, and they will ship all those chips by july, and terrahash is also the most honest company, they will take 2 weeks to assemble and ship it out right away to their customers, and we will all get our 100000 ghs miners by august and make boat load of cash before the difficulty goes through the roof.

Wet Dream? more than likely...BUT: Here is that interview with PayPal President....they reference Bitcoin about the 2:50 seconds mark, however whole interview is interesting.... Ya have to admit it does make ya wonder...Lets keep dreaming!

Watch: http://www.bloomberg.com/video/paypal-sees-20-billion-in-mobile-transactions-WlokACTBRterdjHAJGNB6w.html