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Re:Paypal has started banning accounts selling anything Bitc... by coldtea on Wednesday February 05, 2014 @12:18AM (#7182032)
Getting something that costed you X% to 0% is not always prefferable. Even if you're a business.

Sometimes you go for what most of your customers already know or want, or you go for whats easier and handier, or you go for what is a known quantity and wont have legal or other problems down the line, you go for what's less volatile, etc etc.

The only reason a big company like PayPal would ever use something like Bitcoin as it is today, is not to "take advantage of what it offers", but as a "early adopter marketing ploy", to get some tons of free press and publicity (while still relegating it safely to 1/10000 of their actual businesses).

Re:Paypal has started banning accounts selling anything Bitc... by jfoster on Wednesday February 05, 2014 @07:42AM (#7183375)
Completely agree that any involvement in BTC at the moment would be "early adopter marketing" & on some of the other concerns established businesses could have with fundamental shifts in their industry.

I don't think PayPal would go out of their way to push BTC. They're almost certainly taking a "wait and see" approach. The primary thing I unsuccessfully was trying to get across was that PayPal probably does not particularly fear or seek to undermine Bitcoin. It's likely to be upside for them.

Re:Paypal has started banning accounts selling anything Bitc... by aptwebapps on Wednesday February 05, 2014 @04:45AM (#7182795)
Why couldn't they offer BTC as a funding method alongside whatever they currently have? It doesn't have to be exclusive.