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Author Topic: PayPal Exec Says Bitcoin Will Become Popular Payment Method  (Read 17 times)
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July 14, 2018, 10:47:18 PM

PayPal’s chief financial officer, John Rainey, spoke positively of Bitcoin’s (BTC) use as a future popular option for payments during an interview with The Wall Street Journal (WSJ) published Monday, Feb. 19. In a section of the interview entitled, “The crypto factor,” Rainey said that PayPal was one of the first companies to accept Bitcoin on their Braintree platform back in 2015. However, Rainey adds

PayPal co-founder Max Levchin said in December of last year that while he thinks Blockchain technology is revolutionary, he hasn’t “figure[d] out” his views on Bitcoin’s future yet.Coinbase, a cryptocurrency wallet and exchange platform, added former PayPal executive David Marcus to its board of directors last December.
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