PayPal Just Appointed This Bitcoin Startup Entrepreneur to Its Board

[btcprospecter]

This could be a new special relationship between the to. If anything it will help people new to bitcoin understand that I can be used no different to any other currency. People would of had reservations about PayPal when it first started too

[yoona]

Interesting news

http://fortune.com/2016/01/13/paypal-adds-wences-casares-to-board/

good news,thanks for sharing.
i think this is the point : "Dan Schulman, president and CEO of PayPal PYPL -2.90% , said of the entrepreneur: “Wences’s unique line of sight into the future of commerce is ideally aligned with PayPal’s vision of transforming the management and movement of money for people around the globe.”
lets hope xapo can lead bitcoin in order to make paypl more interest,i will so glad if paypal add bitcoin besida credit card to verify paypal account

[mtnsaa]

Users here are forgetting that using Xapo is not at all anonymous, they ask your full details and buying Bitcoins comes at the expense of giving them your full details. I'm not saying this in a bad way, for me Bitcoin "anonymous" feature is one huge barrier it has for being adopted by the mainstream or common folks. They don't care about that, in fact they prefer to be protected and rightly so.

So I think Paypal will definitely integrate Bitcoin in the future and maybe even acquire Xapo, but for that to happen you will have to register your full identity or provide CCs/Bank information.

[Hazir]

Interesting news, but honestly I hope fact that Wences Casares, CEO of bitcoin wallet provider Xapo is now part of PayPal board doesn't mean that Xapo will be added as the one and only wallet supporting PayPal or integrated with it on the wallet level. The best option will be direct adoption of bitcoin and possibility to convert bitcoin into FIAT using PayPal... It would be amazing.

[wormat22]

It would be pretty awesome if paypal could implement a wallet into their design somehow so that payment could be made from a bitcoin wallet or by paypal so essentially you could use paypal to spend your bitcoins anywhere that paypal was accepted

Who knows whats coming.

so we have chargeback with bitcoin also? because they actually go against someone that do not refund you know, since it would be easily traceable with them

no tnx

Im sure they could make a bitcoin option be non refundable since thats one of the main things about bitcoin, Im not saying turn bitcoin into paypal , just piggy back along with it would be good to get bitcoin out there. No need to be so negative, that wont get us anywhere.

I'd imagine they'd do some kind of escrow service the way PayPal has now.

[DGulari]

Actually, all this means is that Xapo took $40 million dollar investment, wasted all that money on lawyers in the lawsuit their old employer brought against them (lifelock or something), and now Xapo is totally shit losing their headman. 

Another bitcoin company is busted.  $40 million wasted.  Xapo was a debit card - until their very stupid partners in Gilbraltar fucked them by telling them on the very first day of the card release that they can't do US customers, then Xapo became a vault - who needs a vault?  Now Xapo is bankrupt.  Another scar in the face of the bitcoin community. 

Wences moves on to Paypal.