Braintree’s chief executive Bill Ready has followed bitcoin for years, but for most of that time, he saw it as an interesting computer science experiment.
Today, however, Ready is convinced that bitcoin has a future in a payments space that’s increasingly showing its age. Ready’s bullishness on bitcoin doesn’t stop there. He wants Braintree, which owns the buzz-generating mobile wallet Venmo, to help take bitcoin mainstream.
“We can start to … take [bitcoin] to the mainstream because we know what it takes to be compliant with regulatory bodies. From a computer science breakthrough to an alternative form of payment that hopefully sees much greater adoption than it has already.”
Bitcoin Will Impact Mainstream Payments – Bill Ready