PayPal Chief: 'Bitcoin Will Continue to Gain Ground'

PayPal Chief: 'Bitcoin Will Continue to Gain Ground'

It's most definitely interesting to see the chief of a financial company say something decent about bitcoin. After all, one would expect a CEO to do what he or she could to destroy the competition. But David Marcus, PayPal president, is different. In a blog post Wednesday, Marcus said that he suspects "bitcoin will continue to gain ground". Pure speculation, of course, but Marcus went so far as to say that the price could be double by this time next year: "I predict that the value of Bitcoin still has the potential to double (as of December 11, 2013 at 8:08 AM PT: 1 BTC = 915 USD) by the....


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