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Author Topic: 2013-01-09 forbes.com - PayPal Assault On File-Sharing Sites Makes Business Case  (Read 1522 times)
julz (OP)
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January 09, 2013, 11:53:26 PM
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PayPal Assault On File-Sharing Sites Makes Business Case For Bitcoin

Jon Matonis
2013-01-09

http://www.forbes.com/sites/jonmatonis/2013/01/09/paypal-assault-on-file-sharing-sites-makes-business-case-for-bitcoin/


...
PayPal is actually setting the stage for its payment successor. “Bitcoin as a viable currency keeps growing in appeal with every incident like this. These companies are undermining their own viability,” said a veteran redditor.
...

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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kjlimo
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January 10, 2013, 04:45:28 AM
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Awesomeness!  This is exactly what we need to see.  It'll start with Paypal and the traditional systems neglecting the micro transaction.  Bitcoin will shine here and move into everywhere else as time goes on.

Another great win for bitcoin!

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PM me with any questions on these sites/apps!  http://www.montybitcoin.com


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