Re: [2014-09-08] Video: Crazy Paypal-Promo Video features Bitcoin

Quote from: colinistheman on September 08, 2014, 10:45:12 PM

Quote from: AltcoinInvestor on September 08, 2014, 08:08:35 PM

Also check this: https://www.braintreepayments.com/blog/goodbye-passwords-one-touch-hello-bitcoin

It's very bad for bitcoin ecosystem.

In 2015 bitcoiners are gonna cry because of paypal's "bitcoin price policy".

I'm noting this down...

I don't understand. What is PayPal's "bitcoin price policy"? I couldn't find it. Link?

The most obvious implementation of this system to have users deposit cash and buy items in USD prices. They would not actually own the bitcoin in their wallet. Everything will be priced in USD and operated using bitcoin. Paypal wants to make a profit.