Ebay should just allow their customers to pay using Bitcoin separately from Paypal.
This way, Paypal is not controlling Ebay's payment system. Unless Ebay is own by Paypal 100% then that's a whole different story.

On October 3, 2002, PayPal became a wholly owned subsidiary of eBay

Yeah, I've analysed it before and I cannot see the business model that will support them. I suppose this could be the theoretical infrastructure that will make it easier for laypeople to use Bitcoins (at the cost of additional fees) but considering that most of us who are using at the moment aren't bound by knowledge I don't understand how they'll generate any revenue. Not to mention, they already have a poor reputation among those who trade - too much room for scamming.

Yes, like how it is already being done for Lyft.

What if there was proof that Brock Pierce and Autumn Radtke once attended a function in which the Clintons, and the then unknown Barack Obama, among other notables, were also invited guess. Would that pique your interest?

What about bitcoins working their way into 401Ks and private funds? Yes, there are people who have 401Ks that never heard of bitcoins, yet their hard-earned dollars have indirectly purchased them. What if when the exchange rate for BTC goes up, their BTC positions are lowered via profit taking, but if the rate declines, the owners' funds reflect the lost, with new money injected into the funds for the next uptick.

Boy, would I love to have only .001% of that action. How 'bout you?

Musings

I'm disappointed at this stage. Each of my reinvestments has lost me more of my original BTC capital. As has been pointed out, my original 13 BTC for AUD$2000 would have been all I would ever have needed. Instead I decided to go all in with mining, and lost virtually everything.

What's really killing me here is rising difficulty. As ever-faster hashing hardware comes onto the market, return from mining rapidly decreases. You can either watch your income diminish into nothing, or reinvest at a loss. It's a lose-lose situation.

<snip>...</snip>

I'm beginning to wonder how anyone makes a profit mining. It seems impossible from an individual's point of view.

One worthless token (1 WTK) sent to 1CcGUZuYwy8okr5hZeLkytwwdFsNwpGC9H!

Yes, that is one of the exciting uses for colored coins.  An entrepreneur could raise money to finance the purchase of equipment, and then use the revenue generated from that equipment to pay interest to his bond holders, or dividends to his stock holders (depending on how he sets up the colored coins).

The catch is just that people might not trust an issuer of colored coins enough to actually buy them!  The issuer has to earn investors trust somehow.  Perhaps he could start a thread that describes his ideas with high-quality posts, and then just try to raise a small amount of funds at first.  If he deliver on his promises and his bond holders or stock holders make a good ROI, they might invest more on his next larger project.  Next thing you know, he may be able to attract large amounts of funding.  By this time, it would be unlikely he'd ever want to screw over his investors even if he could get away with it because he'd ruin all his hard work building up his reputation and lose his ability to raise funds in the future (in addition to opening himself up to potential litigation).