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Author Topic: This is news about Braintree ***NOT*** PayPal/eBay. Let's not forget that.  (Read 1952 times)
promojo
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September 08, 2014, 06:22:50 PM
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This looks like Braintree news.. Nothing in relation to PayPal/eBay.  This will allow merchants to accept Bitcoin payments via their mobile app..... FYI - let's not get too excited about this.
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beetcoin
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September 08, 2014, 06:28:27 PM
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oh, is that why paypal's youtube account posted the video then?
promojo
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September 08, 2014, 06:33:23 PM
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oh, is that why paypal's youtube account posted the video then?

That doesn't mean it directly relates to PayPal or eBay just because they posted that...  When the keynote goes live we will see.
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September 08, 2014, 06:34:37 PM
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I think "precursor" is the word you are looking for.
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September 08, 2014, 06:40:07 PM
 #5

Braintree channel: https://www.youtube.com/user/BraintreePayment

Paypal channel: https://www.youtube.com/user/Paypal

Video posted at Paypal channel.

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September 08, 2014, 06:44:14 PM
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realistically, i think they will do a trial with braintree, and if all goes well, they'll spread it on over to paypal or ebay.
promojo
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September 08, 2014, 06:45:54 PM
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End result news we are all looking for...

"PayPal and/or eBay now accepts bitcoin payment" NOT "Braintree allows Uber customers to buy services in app with bitcoin".
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September 08, 2014, 06:56:56 PM
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End result news we are all looking for...

"PayPal and/or eBay now accepts bitcoin payment" NOT "Braintree allows Uber customers to buy services in app with bitcoin".


Precisely.

http://techcrunch.com/2014/09/08/paypal-braintree/

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Marlo Stanfield
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September 08, 2014, 08:46:40 PM
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End result news we are all looking for...

"PayPal and/or eBay now accepts bitcoin payment" NOT "Braintree allows Uber customers to buy services in app with bitcoin".


Yes. It's probably a lot more underwhelming than some might have hoped for.

But it's not negative news so there's not much to be mad about.
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September 08, 2014, 08:52:11 PM
 #10

they are all one and the same company/subsidiary

for the profits and loses to be separated ebay would have to sell them

or file for bankruptcy on one of the subsidiaries,

the question is what exactly do they think they are doing?

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CoinDiver
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September 08, 2014, 09:05:17 PM
 #11

BrainTree seems to be the architecture PayPal is now built upon. Sounds like for developers, this is bitcoin and paypal. Now, will the paypal interface devs get on board.

http://mises.org/daily/3229
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September 08, 2014, 09:27:39 PM
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This means people using bitcoin on ebay by 2015 imo.
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September 08, 2014, 09:32:26 PM
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BrainTree seems to be the architecture PayPal is now built upon. Sounds like for developers, this is bitcoin and paypal. Now, will the paypal interface devs get on board.


small players maneuvering into the best position they can, you have to admire it,

 

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cambda
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September 08, 2014, 10:45:44 PM
 #14

This looks like Braintree news.. Nothing in relation to PayPal/eBay.  This will allow merchants to accept Bitcoin payments via their mobile app..... FYI - let's not get too excited about this.

I have to agree, but paypal might adding Bitcoin this year I believe (given the promo video)
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September 08, 2014, 11:10:09 PM
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This looks like Braintree news.. Nothing in relation to PayPal/eBay.  This will allow merchants to accept Bitcoin payments via their mobile app..... FYI - let's not get too excited about this.
There is no reason why one subsidiary would accept bitcoin and the rest of the company would not. What would likely happen is any payments to be processed with the customer paying with bitcoin will be processed via braintree which will use coinbase to process the transaction (as per news articles that have reported the deal).

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promojo
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September 09, 2014, 07:32:10 PM
 #16

This looks like Braintree news.. Nothing in relation to PayPal/eBay.  This will allow merchants to accept Bitcoin payments via their mobile app..... FYI - let's not get too excited about this.
There is no reason why one subsidiary would accept bitcoin and the rest of the company would not. What would likely happen is any payments to be processed with the customer paying with bitcoin will be processed via braintree which will use coinbase to process the transaction (as per news articles that have reported the deal).

I just hate the fact you have to rely on coinbase for this one.   Like get with it.  Come with a solution that is easy and doesn't involve 3 degrees of separation with Coinbase/Braintree app/PayPal/etc.
pedrog
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September 09, 2014, 08:37:47 PM
 #17

This looks like Braintree news.. Nothing in relation to PayPal/eBay.  This will allow merchants to accept Bitcoin payments via their mobile app..... FYI - let's not get too excited about this.
There is no reason why one subsidiary would accept bitcoin and the rest of the company would not. What would likely happen is any payments to be processed with the customer paying with bitcoin will be processed via braintree which will use coinbase to process the transaction (as per news articles that have reported the deal).

I just hate the fact you have to rely on coinbase for this one.   Like get with it.  Come with a solution that is easy and doesn't involve 3 degrees of separation with Coinbase/Braintree app/PayPal/etc.


This is what Bitcoin was built for, to be used as a protocol that people and companies can build on.

Bitcoinpro
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September 09, 2014, 08:44:34 PM
 #18

This looks like Braintree news.. Nothing in relation to PayPal/eBay.  This will allow merchants to accept Bitcoin payments via their mobile app..... FYI - let's not get too excited about this.
There is no reason why one subsidiary would accept bitcoin and the rest of the company would not. What would likely happen is any payments to be processed with the customer paying with bitcoin will be processed via braintree which will use coinbase to process the transaction (as per news articles that have reported the deal).

I just hate the fact you have to rely on coinbase for this one.   Like get with it.  Come with a solution that is easy and doesn't involve 3 degrees of separation with Coinbase/Braintree app/PayPal/etc.


Crypto makes all 3 of these companies obsolete the only one left is paypal with their Insurance business,

I'd have to say any collaboration between these companies including ebay would possibly be more to do

with wallet software analysis and setting up minning/node infrastructure than anything.

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leannemckim46
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September 10, 2014, 01:28:17 AM
 #19

This looks like Braintree news.. Nothing in relation to PayPal/eBay.  This will allow merchants to accept Bitcoin payments via their mobile app..... FYI - let's not get too excited about this.
There is no reason why one subsidiary would accept bitcoin and the rest of the company would not. What would likely happen is any payments to be processed with the customer paying with bitcoin will be processed via braintree which will use coinbase to process the transaction (as per news articles that have reported the deal).

I just hate the fact you have to rely on coinbase for this one.   Like get with it.  Come with a solution that is easy and doesn't involve 3 degrees of separation with Coinbase/Braintree app/PayPal/etc.

They likely do not have any other way to buy/sell bitcoin in amounts that are needed to accept bitcoin. Coinbase has this infrastructure in place to be able to do this. There are also very few exchanges that could be trusted with as much money as eBay and other large corporations will be ultimately trusting with whatever service/exchange they use to convert their bitcoin to fiat. 

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RISE
promojo
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September 10, 2014, 02:22:33 PM
 #20

This looks like Braintree news.. Nothing in relation to PayPal/eBay.  This will allow merchants to accept Bitcoin payments via their mobile app..... FYI - let's not get too excited about this.
There is no reason why one subsidiary would accept bitcoin and the rest of the company would not. What would likely happen is any payments to be processed with the customer paying with bitcoin will be processed via braintree which will use coinbase to process the transaction (as per news articles that have reported the deal).

I just hate the fact you have to rely on coinbase for this one.   Like get with it.  Come with a solution that is easy and doesn't involve 3 degrees of separation with Coinbase/Braintree app/PayPal/etc.

They likely do not have any other way to buy/sell bitcoin in amounts that are needed to accept bitcoin. Coinbase has this infrastructure in place to be able to do this. There are also very few exchanges that could be trusted with as much money as eBay and other large corporations will be ultimately trusting with whatever service/exchange they use to convert their bitcoin to fiat. 

True.  Coinbase will have the liquid to help them in the cash out/conversion scenario.   Hey, by chance do you know if Coinbase now supports Canadian banks?  As of Jan/Feb they did not and didn't have plans....  Would be interesting to find out.
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