Founders Fund (founders and investors of paypal) invest $2M in Bitpay

[americandesi]

This seems to be a good news.!

Founders Fund partners are comprised of senior execs and founders of Paypal.

"Founders Fund partners know a thing or two about payment platforms — given their past experience as founders and senior execs at PayPal and other companies. Their interest in BitPay comes from the fact that it, and bitcoin, in general, appear to be growing like wildfire."

http://techcrunch.com/2013/05/16/an-offer-you-cant-refuse-bitcoin-startup-bitpay-raises-2m-led-by-founders-fund-the-vc-run-by-the-paypal-mafia/