PayPal President says PayPal believes in Bitcoin

PayPal President says PayPal believes in Bitcoin

This is really interesting. The PayPal president Marcus David has gone out in public telling us that they have no policies against using PayPal to buy and sell mining rigs AND that he and PayPal actually believes in Bitcoin. If this is good news or not for the current Bitcoin price is unsure. It could go both ways. See the tweets below: To clarify: we have no policies against using PayPal to sell Bitcoin mining rigs. We don't support any currency txn whether fiat or BTC... - David Marcus (@davidmarcus) January 13, 2014. ...for a host of regulatory issues. But we treat BTC and any FX txn....


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Quotes

We want to give our fans as many options to buy our new album as possible, and are happy that Bitcoin can be one of those choices.

Mastodon, US metal band on Warner Bros. Records