Good news for bitcoiners. Let us see the effect of this news in the coming weeks.
I have a question: Paypal charges fees right? How about the idea of low fees from bitcoin? Would it be ruined by Paypal or not? Would the idea of low transaction fees be compromised by this system?
The fees would have to be absorbed by the merchants. Low transactions fees would only be applicable if you directly purchase goods from the vendor.
In theory, PP could offer less fees if someone were to pay for something on PP's platform but funded the transaction with bitcoin. PP would have less risk because of the lack of the ability to charge back the payment method they used to fund their PP account