One event ...could hyper-accelerate adoption

[alumar]

If .... Discuss image

[Flashman]

But, who the hell would leave more than a couple of hundred sitting on paypal?

[kolloh]

Would Paypal be able to freeze your account and your bitcoins? I've heard some horror stories about people when keeping large values in paypal.

Definitely would bring it more to the masses for sure though.

[remotemass]

Nice photoshop image.
It may happen in a couple of years. 

[yayayo]

I think you're overestimating the importance of Paypal. They're not alone in the fiat payment space anymore and conversion from Bitcoin to fiat money will become obsolete if you can buy anything directly with Bitcoin. Actually, I'm quite sure that PayPal will not be around looking ten years into the future...

Bitcoin is already in healthy organic growth. It's more likely that the Bitcoin ETF will trigger another hype cycle than a new payment provider. (There would be a positive effect for sure, but it would not be significant longer term I think.)

ya.ya.yo!

[alumar]

I think you're overestimating the importance of Paypal. They're not alone in the fiat payment space anymore and conversion from Bitcoin to fiat money will become obsolete if you can buy anything directly with Bitcoin. Actually, I'm quite sure that PayPal will not be around looking ten years into the future...

Bitcoin is already in healthy organic growth. It's more likely that the Bitcoin ETF will trigger another hype cycle than a new payment provider. (There would be a positive effect for sure, but it would not be significant longer term I think.)

ya.ya.yo!

Its all about critical mass and the moment 15.3 million paypal users have an option of buying and selling bitcoin on their paypal dashboard ...immediately overnight there is a whole new market of users. Couple that with businesses getting their Bitcoin integration in order and you have what would be by all accounts a commerce revolution.

[orsotheysaid]

I think you're overestimating the importance of Paypal. They're not alone in the fiat payment space anymore and conversion from Bitcoin to fiat money will become obsolete if you can buy anything directly with Bitcoin. Actually, I'm quite sure that PayPal will not be around looking ten years into the future...

Bitcoin is already in healthy organic growth. It's more likely that the Bitcoin ETF will trigger another hype cycle than a new payment provider. (There would be a positive effect for sure, but it would not be significant longer term I think.)

ya.ya.yo!

Well, ten years into the future fiat money will still exist for sure so.. what if not paypal is going to be going that sort of bridge service between fiat and internet transactions?

[Argwai96]

I think you're overestimating the importance of Paypal. They're not alone in the fiat payment space anymore and conversion from Bitcoin to fiat money will become obsolete if you can buy anything directly with Bitcoin. Actually, I'm quite sure that PayPal will not be around looking ten years into the future...

I agree. Paypal is really not as heavily used for P2P payments as it was 10 years ago as it now has many competitors who have major market share. IMO paypal accepting bitcoin would be more beneficial to paypal then it would to bitcoin

[lihuajkl]

I think you're overestimating the importance of Paypal. They're not alone in the fiat payment space anymore and conversion from Bitcoin to fiat money will become obsolete if you can buy anything directly with Bitcoin. Actually, I'm quite sure that PayPal will not be around looking ten years into the future...

I agree. Paypal is really not as heavily used for P2P payments as it was 10 years ago as it now has many competitors who have major market share. IMO paypal accepting bitcoin would be more beneficial to paypal then it would to bitcoin

Absolutely! Even paypal feel the competition pressure from other kind of payment processing company, especially from the cryptocurrency bitcoin. So they change their strategy to integrate bitcoin to their system.  If they don't adapt to the changing economic environment, they will die soon.

[cyberpinoy]

I do not think Bitcoi8n needs paypal, imagine of all thos places listed on the statement just accepted bitcoins freely. If you let Paypal get their grubby hands on Bitcoin you now have a messed up system by using them. You will see magical fees and they know they have the power to destroy new people. If new people are comfortable with paypal but know nothing about Bitcoins, they will see these astronomical fees paypal has added to bitcoin transactions and thus be deterred from farther adapting or using bitcoins straight out. i am not excited to see paypal involved with bitcoin in any way. I just see fees on top of fees, much like the ones we see on our cash transactions thru them now.

[jonald_fyookball]

But, who the hell would leave more than a couple of hundred sitting on paypal?

i had a few thousand in mine for a about a year before i spent it

[Beliathon]

Collapse of value of US dollar would do it.

https://www.youtube.com/watch?v=dQdmsL147j0

[bornil267645]

Some people are suggesting that central banks could fuel the next bitcoin run.

[Flashman]

Some people are suggesting that central banks could fuel the next bitcoin run.

That's only because they're doing a round of fiat devaluation.

[yayayo]

Some people are suggesting that central banks could fuel the next bitcoin run.

That's only because they're doing a round of fiat devaluation.

I think it will not be a round. Money supply will be more like an exponentially growing curve...

That's why we should better compare Bitcoin's value to commodities like (precious) metals, oil & gas, wheat & coffee... fiat money comparison will soon become a measure without informative value.

ya.ya.yo!

[Kakmakr]

Get a APP where both Bitcoin & PayPal is accepted as payment method.
Buy with PayPal and let this website pay out free golden eggs, for the same value in Bitcoins.  ^HeH^
There are many ways to use PayPal to the benefit of Bitcoins.

Some of the millions of users of PayPal are already adopters of both technologies anyway.

[Flashman]

i had a few thousand in mine for a about a year before i spent it

Congrats, that's probably like winning a big lottery.

[LiteCoinGuy]

Would Paypal be able to freeze your account and your bitcoins? I've heard some horror stories about people when keeping large values in paypal.

Definitely would bring it more to the masses for sure though.

i can say: they are true. dont store money (fiat and BTC) at paypal.

[ebliever]

I would not trust Paypal with my bitcoins. As others say, keep as little with them as possible.

[LiteCoinGuy]

I would not trust Paypal with my bitcoins. As others say, keep as little with them as possible.

yep, but i guess the mainstream would "love" it