PayPal Steals Apple's Thunder:

PayPal Steals Apple's Thunder: "We Can Spend Bitcoin With a Tap!"

In a surprise video posted to the official PayPal Youtube media channel, Paypal Voices presented what, at first, is a confusing video. Early on in the video, you'll hear phrases that you might not have ever expected to hear from PayPal in this century. Phrases such as "We can spend Bitcoin with a tap..." Though PayPal's mobile apps haven't yet been updated to include any sort of Bitcoin functionality, the release of this video is creating a predictable media storm. Paypal's release of this video on Monday the 8th of September has everything to do with Apple's hyped release set for Tuesday....


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PayPal: Bitcoin Partnerships Will Help Us Study Consumer Behavior

Though long rumored, the news that PayPal had formally aligned its business with bitcoin dominated headlines this week due to the company's size, brand recognition and influence as an early pioneer and dominant player in online payments. For PayPal, the move comes at a time of increased competition in the web and mobile payments space, with tech giant Apple most recently entering the sector with Apple Pay. As such, there has been much speculation as to how bitcoin could play an increasing role in helping PayPal continue its market dominance while helping ease the still prevalent friction....

Paypal to start accepting Bitcoin?

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Blockchain Gets Ready for Thunder Network, Transactions Ultra Cheap

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PayPal Survey Asks Questions Regarding Bitcoin

In a recent PayPal survey regarding online shopping and payment methods, PayPal asked Reddit user SwiftBoatVet whether or not they used Bitcoin as a method of payment for goods and services. That's when Vet startedtaking screenshots of the questions that PayPal began asking once they said yes. CCN. In a post on Reddit, Vet stated, "Halfway through, the questions changed to Bitcoin specific. There were about four to five pages comparing PayPal and Bitcoin." The questions, documented throughout this article, were asking Vet to rate PayPal against Bitcoin on a scale from one to ten; one being....

Quotes

The decision to bring virtual currency within the scope of our regulatory framework should be viewed by those who respect and obey the basic rule of law as a positive development for this sector. It recognizes the innovation virtual currencies provide, and the benefits they might offer society.

Jennifer Shasky Calvery, the director of the Treasury Department’s Financial Crimes Enforcement Ne