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Title: [2016-06-22] Coinbase now accepts PayPal as a payment option Post by: BitcoinXio on June 22, 2016, 04:46:26 PM Coinbase the bitcoin exchange (acting as a brokerage), which is separate from their GDAX exchange, has added a new feature which allows users to sell bitcoin to Coinbase and have the funds deposited to your PayPal account.
Read more: http://bitcoinx.io/news/articles/coinbase-now-accepts-paypal-as-a-payment-option/ Title: Re: [2016-06-22] Coinbase now accepts PayPal as a payment option Post by: iHaveDreams on June 22, 2016, 04:56:09 PM WoW :o
I hope relationship Paypal and Bitcoin going be better. Lemme see how this going be better or worse. Title: Re: [2016-06-22] Coinbase now accepts PayPal as a payment option Post by: BitcoinXio on June 22, 2016, 05:59:28 PM WoW :o Yes, this is a good test for PayPal to see how a lot of bitcoin transactions will work. If all goes well, I could certainly see PayPal integrating bitcoin down the road (possibly using Coinbase to do it!). I hope relationship Paypal and Bitcoin going be better. Lemme see how this going be better or worse. Title: Re: [2016-06-22] Coinbase now accepts PayPal as a payment option Post by: yayayo on June 22, 2016, 06:53:09 PM Yes, this is a good test for PayPal to see how a lot of bitcoin transactions will work. If all goes well, I could certainly see PayPal integrating bitcoin down the road (possibly using Coinbase to do it!). Paypal and Coinbase are a perfect match, since they both are best-in-class when it comes to spying on their customers and restricting legitimate transactions. It makes me sad that people seem to be too blinded by greed to see that Paypal and Coinbase betray the core principles of Bitcoin. For Bitcoin's future as a decentralized currency it would certainly be positive to get rid of Coinbase and the user base associated with it. Who needs Paypal and its fees, when you have Bitcoin? ya.ya.yo! Title: Re: [2016-06-22] Coinbase now accepts PayPal as a payment option Post by: Kprawn on June 22, 2016, 07:09:16 PM Yes, this is a good test for PayPal to see how a lot of bitcoin transactions will work. If all goes well, I could certainly see PayPal integrating bitcoin down the road (possibly using Coinbase to do it!). Paypal and Coinbase are a perfect match, since they both are best-in-class when it comes to spying on their customers and restricting legitimate transactions. It makes me sad that people seem to be too blinded by greed to see that Paypal and Coinbase betray the core principles of Bitcoin. For Bitcoin's future as a decentralized currency it would certainly be positive to get rid of Coinbase and the user base associated with it. Who needs Paypal and its fees, when you have Bitcoin? ya.ya.yo! From your mouth to the Bitcoin gods ears! ... I could not agree with you any more than how you said it. They add extra fees to Bitcoin tx's too, effectively eliminating the advantage that we had over other payment methods. They rape pseudo anonymity by applying KYC/AML regulations and render Bitcoin to nothing more than a alternative to credit cards and PayPal. If you use this option, you would have less anonymity than cash. ::) |