Can bitcoin enthusiasts put down the anti-Paypal pitchforks? PayPal has dominated the bitcoin news headlines over the last week with striking discussions from both PayPal and Ebay senior executives – they are openly discussing bitcoin, and in a positive light. However, no one has addressed why these headlines are important. PayPal most likely sees a business case in solving at least one of the four significant barriers to bitcoin seeing wider adoption: easy to use wallets, escrow for large transactions, quick acceptance by merchants, and reliable exchanges. PayPal can use its brand and infrastructure as a significant competitive advantage for …
Read More →