eBay CEO: "We will have to integrate digital currencies..."

[TEDmachine]

So would the buyer use bitcoin and the seller get dollars, or vice-versa?
Ebay really only needs to verify that the transaction happened. I don't see how Paypal would enter in to the equation. Seller provides a receive address, Ebay confirms that the correct amount went to it...

[TEDmachine]

The biggest change is that the seller, not the buyer, might be scamming, but they already have a rating system for this.

[ljudotina]

Ppl that think that PayPal is afraid of Bitcoin are so wrong. Bitcoin can help PayPal ALOT. Fees that PayPal have are effect of banks / credit cards + paypal profit. With Bitcoin, PayPal can exclude banks and credit card companys and use that extra money to lower their own fees and make same amount of money or even more.
First thing ppl say: "why would anyone use PayPal if they have Bitcoin?" Answer is simple enough: "Buyers protection". Just like with fiat, PayPal will hold BTC (transfered into fiat) on them and payout seller only if transaction executes well. Basicly, they become largest BTC escow service.

[CEG5952]

Cryptocurrency protocol will likely eventually be part of the underlying infrastructure of financial institutions. I certainly think it will be integrated into Paypal eventually.