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Author Topic: Does Bitcoin Need PayPal or is it the Other Way Around?  (Read 845 times)
selene72
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October 01, 2014, 06:18:44 PM
 #1

Hey guys,

I'll be covering Bitcoin topics daily, mainly from my point of view.
Check out my first article!
http://www.coinssource.com/does-bitcoin-need-paypal-the-other-wway-around/

What do you think about PayPal and Bitcoin?

I know it is a Yay now, but what will the consequences be like?

Let me know Smiley

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zolace
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October 01, 2014, 08:50:33 PM
 #2

Hey guys,

I'll be covering Bitcoin topics daily, mainly from my point of view.
Check out my first article!
http://www.coinssource.com/does-bitcoin-need-paypal-the-other-wway-around/

What do you think about PayPal and Bitcoin?

I know it is a Yay now, but what will the consequences be like?

Let me know Smiley

I believe right now bitcoin needs paypal as much as PayPal needs bitcoin,  PayPal is gonna give it more exposure and probably more acceptance.  I PayPal can give lower charge on rate and fees when users use bitcoin then we can start seeing more adoption to it.

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practicaldreamer
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October 01, 2014, 09:05:38 PM
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Paypal needs Bitcoin.

Why ? Because if it doesn't someone else will.

Yes, its revenue model will need to be looked at  Wink , I'll grant you,
 But Bitcoin can't be uninvented now - the cat is out of the bag.
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October 01, 2014, 09:24:44 PM
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Both services will benefit in the longterm from each other.

But do they really need each other? Don't think so.

Bitcoin and Paypal are well established and will do fine with or without collaboration.

bornil267645
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October 01, 2014, 09:41:15 PM
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Paypal is a payment service supposed to support the popular currencies. So in that sense Paypal need to integrate bitcoin fast.

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October 01, 2014, 11:39:42 PM
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I am wondering if Paypal's decision to start integrating BTC has anything to do with the announcement that Ebay and Paypal are splitting.   Seems too coincidental to not be related in some way...
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