How much paypal is worth. Strictly business wise - amount they generate in commissions and fees from the merchant accounts minus costs. Aka profit per year X say by 10. Plus brand is worth something as they can launch new services to somewhat loyal customers. And in times where data is worth alot, data held also adds to the valuation.
And
Well if you have read comments there you would see -
Marc Andreessen is hard at work blowing hot air into Bitcoin, undoubtedly for the sake of his investments therein; he’s also a director of eBay Inc., a most unscrupulous commercial organisation demonstrably involved in knowingly and calculatingly facilitating massive auction fraud activity on the consumers of the world.
From article comments.
“Stay away. Bitcoin is a mirage. It’s a method of transmitting money. It’s a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money, too. Are checks worth a whole lot of money just because they can transmit money? Are money orders? You can transmit money by money orders. People do it. I hope bitcoin becomes a better way of doing it, but you can replicate it a bunch of different ways and it will be. The idea that it has some huge intrinsic value is just a joke in my view.”—Warren Buffett (March 2014)
Kinda makes sense
I think coin start then goes up then it finds its price level. Something like that.
What about Paypal and WesternUnion lol? How much does the companies worth?
Bitcoin is even way better than PP and WU IMO.
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