I remember reading a time ago about Paypal had at first received Bitcoin very well, many years ago, and it was heralded as the start of mainstream adoption for the general users of digital money. And then, for some reason I cannot research well enough, Paypal dropped Bitcoin. And I believe today, it is no longer accepted as proper currency and Paypal users keep getting banned for using Paypal to trade Bitcoin.
I know Peter Thiel no longer says for Paypal but I wonder if he had anything to do with any of this history?