The next 3-6 months for Paypal will be critical in how it's handled.
I couldn't agree more.
...Either way though, the best they can do is only manage to save some faint shadow of PP's former glory; it'll never have a chance to dominate online currency again.
Paypal, western union and others can simply adopt Ripple. Buy off the company and hold on those 50% of all Ripples ever made. The network is not open source.
I'd LOL so hard if they did that... Who's going to use a ripple? Merchants certainly won't start accepting it when they are being asked for bitcoin and already take paypal...
The worst mistake Google will have ever made in the currency war is backing ripple... They telegraphed their move, bigtime.