Paypal wants to accept BTC now??

[coyne1981]

https://www.cryptocoinsnews.com/breaking-paypal-merchants-can-now-accept-bitcoin/

[tidus1097]

This belongs in service discussions. You can move the topic at the bottom.

[coyne1981]

This belongs in service discussions. You can move the topic at the bottom.

You're right. Done.

[dezoel]

I heard it many times..,
but still waiting and keep waiting for it...

[coyne1981]

I heard it many times..,
but still waiting and keep waiting for it...

SEC filing sounds promising.

[trafficolaa]

most of the members are waiting for it to paypal accept bitcoin as payment method but in near future it loooking impossible that is going to happen.

[crazyivan]

most of the members are waiting for it to paypal accept bitcoin as payment method but in near future it loooking impossible that is going to happen.

This is going to happen. Payza s already on board, Paypal s next. However, I think the right way of thinking is when BTC s going to replace Paypal and not when Paypal s going to accept BTC.

[Amph]

most of the members are waiting for it to paypal accept bitcoin as payment method but in near future it loooking impossible that is going to happen.

this is an old news and they basically confirmed it(the ceo was speaking at that time), they are just waiting for more security integration before adding bitcoin to their system

[magic ice]

https://www.cryptocoinsnews.com/breaking-paypal-merchants-can-now-accept-bitcoin/

It has been like this for more than 3 years already. Come on..

[Mehek]

paypal is not safe for bitcoin because they has the transaction reverse facility so they can be harmful for the trading

[merve10495]

This has been coming up a lot for the past 3 years.
I think it's Paypals way of going "Oh yeah we'll get to it eventually"
Hoping that Bitcoin doesn't take over Paypal.

[redsn0w]

PayPal will never start to use bitcoin, maybe not for all the purchase because it is so easy make a chargeback and all we know bitcoin and reversibility can't coexist because it is impossible to reverse a payment (I'm not talking about double-spend). What do you think between ETF and PayPal? Will these news push-up the price (because a lot if people will start to buy more bitcoin)? Or not?

[tokeweed]

PayPal will never start to use bitcoin, maybe not for all the purchase because it is so easy make a chargeback and all we know bitcoin and reversibility can't coexist because it is impossible to reverse a payment (I'm not talking about double-spend). What do you think between ETF and PayPal? Will these news push-up the price (because a lot if people will start to buy more bitcoin)? Or not?

Paypal.com itself may not start accepting Bitcoin, but Paypal the company created (? or acquired?) https://www.braintreepayments.com to give merchants the ability to accept Bitcoin.

[tokeweed]

I think this is bad for now, especially with BTC's price going lower.  Who would want to hold a falling currency?  They might sell it right away for USD making the price fall even further.

[ashour]

IMO paypal should implement a bitcoin wallet to each paypal account. Instead of a bitpay version where btc is converted to usd wich causes a strong sell support . Paypal should really be carefull on how they will execute this.

[Q7]

I thought they already have that in place by putting braintreepayments in-charged of processing the payments on behalf of the merchants. That was probably like months ago, so I was wondering what's the difference with this one?

[The Chainmaker]

It will happen. 

We all want full btc integration sooner rather than later, but it is happening.

[BitcoinINV]

we want bitcoin to crash the paypal not to support it
if paypal accepting btc then btc is supporting them

[Mehek]

its like fire and ice....if paypal starts accepting btc then either btc will destroyed or paypal will collaps

[ashour]

its like fire and ice....if paypal starts accepting btc then either btc will destroyed or paypal will collaps

Neither will happen IMO , both will coexist. Bitcoin can't be destroyed its decentralized, none controls it if paypal was intending to destroy Bitcoin they would just acquire it and then destroy it. But wait its decentralized so they can't really do that.