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Paypal Jumps Into Bitcoin With Both Feet

Posted by timothy on from the in-for-penny dept.

retroworks (652802) writes The BBC, the Wall Street Journal, Bloomberg, Forbes and several other business sites are buzzing with Paypal's incorporation of Bitcoin transactions. According to Wired, Paypal will be "the best thing ever to happen to Bitcoin." Paypal-owned Braintree not only brings 150 million active users in close contact with Bitcoin, it signals "mainstreaming" similar to cell phone app banking, perceived as experimental just a few years ago.

2 of 134 comments (clear)

  1. Ah, hell by Anonymous Coward · · Score: 5, Funny

    ...and people were afraid MtGox was going to steal your money. Well, at least there is no doubt with PayPal.

  2. A match made in heaven by Anonymous Coward · · Score: 5, Funny

    Awesome! All the user friendliness of bitcoin combined with the great customer support of Paypal.