Last Week's Poll Results: PayPal, Digital Currency Integration a Good or Bad Thing?
Can you say landslide? That's the word that possibly most accurately describe's last week's poll. In that poll, we asked: "PayPal integrating digital currency: A good or bad thing?" We thought we might actually have a close race between "yes" and "no", but that wasn't the case at all. In total, there were about 700 votes cast, and a whopping 636 voters (90.86 percent) said that a digital currency integration into the PayPal platform would be considered a good thing. Only 64 people said that such an integration would be bad (9.14 percent). But why in the world would such a thing be....
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Ken Miller is the COO of Gem, a simple and secure Bitcoin platform for developers, and he is one of the original employees at PayPal. In a thoughtful article on TechCrunch, he outlines some possible features and consequences of the forthcoming integration of Bitcoin payment with Paypal (whose announcement was immediately followed by a rise in the price of Bitcoin), and some interesting similarities and differences between the two. The benefits of the integration are obvious. Merchants would be able to add a payment option that works with their existing checkout infrastructure, and so....
Last week's poll asked how you use bitcoin. The answers included: as a currency, as an investment, or both. Here are your responses. In total, about 155 of you voted (if you're not already aware, we're doing this new weekly poll, which can be found in the lower right-hand corner of all pages). We'd love to get some more participation! 15.5 percent (or 24/155) of respondents answered they use bitcoin as strictly a currency. 27 percent (or 42/155) of respondents answered they use bitcoin strictly as an investment. The remaining 57.4 percent (or 89/155) of respondents said they use bitcoin as....
It's the weekend, and if you frequent these parts, you'll know it means it's time to take a quite look the past week's poll. Over the past week we asked: when did you become interested in bitcoin? There were two choices: In the past year and over a year ago. The results - at least to me - were a bit surprising. Surprisingly close, that is. The response this week wasn't nearly what I hoped in terms of voters (compared to last week), but here it is nonetheless. In total, there were 136 votes. About 53 percent of voters (72 individuals) said they became interested in this digital currency....
Bitcoin enthusiasts are once again bullish on the digital currency's price potential. A new CoinDesk poll has found that 48% of respondents believe that bitcoin will end the year valued at more than $500. That's not to say that others weren't more bearish. Some 38.7% of bitcoin enthusiasts think the digital currency's price will end 2015 at or near its current levels, with 4,370 of the 11,293 respondents predicting that bitcoin would be valued at between $351-$500 by this time. Thirty-three percent of those surveyed think that the digital currency's price would rise to $501-$1,000 by 31st....
John Donahoe, eBay's CEO, has confirmed that the company is building a digital wallet for PayPal that can take multiple types of currency. Speaking to Bloomberg, Donahoe dismissed calls made by activist and investor Carl Icahn, who recently called for PayPal to be spun off into an independent company. Donahoe disagreed, believing PayPal and eBay should stay just the way they are. No spin, no spin-off. "Mobile is the most important platform shift that has happened arguably in the last decade. When mobile first started no-one would have downloaded a PayPal mobile app," he said. However,....