Quote from: will7am on September 09, 2014, 01:38:15 PM

Quote from: leigh2k14 on September 09, 2014, 12:50:39 PM

Quote from: will7am on September 09, 2014, 12:17:51 PM

Quote from: leigh2k14 on September 09, 2014, 11:52:50 AM

Interesting news about Paypal and Bitcoin: http://www.coindesk.com/paypal-video-sparks-rumors-potential-bitcoin-plans/

It was just a matter of time before major payment gateways such as PayPal utilized Bitcoin, but I think it's a good thing for crypto and even BritCoin. I've always said I believe Bitcoin will become the global digital reserve currency, while different nations/peoples will adopt their own alt coins..

Also there's nothing stopping PayPal from accepting BritCoin in the future. Wink

It will get the masses used to Bitcoin and then other cryptos.

I agree with you about Bitcoin being a reserve currency, I can't wait till the next big spike in Bitcoin's price, I'm thinking around the end of the year before that happens. Or maybe we need the central banks to start bail-in's again like they did with Greece?

I wonder if the central banks see crypto as a threat to them? If they don't, they should do!

If central banks aren't fully aware of the implications of crypto currencies then I'd be very surprised. Although since they do currently have the monopoly on money perhaps they've forgotten what competition looks like. Roll Eyes

You'll probably find the heads of these banks all have a nice collection of BTC. They won't see it as a threat just yet, give it time and you'll see some reaction if this paypal news actually goes into action