Complete crap. He tips his hand at the very end of the article, Paypal is not going to support Bitcoin, they already think the user base is comprised of only "zealots and criminals."
Bitcoin doesn't need backhanded "endorsements" from decrepit companies that should have been bankrupt years ago if not for making the very lucky decision of latching onto Ebay's balls.
Thanks for pointing that out, so I could just skim to the end. It was getting painful to look at that article with a leering photo of a used-car-with-banana-skins-in-the-gearbox salesman.