Quote from: HabBear on Today at 07:57:32 PM

Quote from: Thavash on Today at 09:55:44 AM

- what is the value of this ?

It's an attempt by PayPal to get you or any user to keep more money "on account" there, tied in with something novel like Bitcoin. The more money you have on account the more likely you are to use it to pay for things using their service (for which they can charge fees)...even more so if that money on account has gone up because it was tagged to some Bitcoin-pegged investment.

I haven't seen any of PayPal's marketing or PR on this...is it a bait and switch? Did they promise to be able to buy bitcoin specifically?

Here's an article summarizing their offer: https://decrypt.co/43158/how-to-buy-bitcoin-with-paypal-2020-update

The fees might not be worth the effort, on top of the illiquidity of the PayPal wallet. But this kind of press is good press, because it reinforces with a broader audience that bitcoin isn't fringe, bitcoin isn't a fad, bitcoin is real and accepted...and that alone will drive some people to (finally) get involved in bitcoin.

for long time crypto users, definitely they will not do the buy and sell of btc on their platform. but for those newbies or previously noncrypto users, this will be a good introduction to them. but once they learn more about crypto or btc, i definitely can say, they will not use paypal for other crypto related transactions.
so for me, this move from paypal is a win-win situation to all. people will come to know about crypto and eventually, they will go to a better platform that will cater best their needs. so what we can get from this paypal adopting crypto in their system, will be more crypto users which is good for crypto community