PayPal Video Sparks Rumors About Bitcoin Plans

paypal bitcoin news update

PayPal has sparked speculation in the wider digital currency community with the release of a new promotional video that makes reference to bitcoin.

The video, titled ‘PayPal Voices’, was published on the company’s official YouTube page today.

The one-minute promo features a string of actors who are described as “the voices of the people economy”, extolling the benefits of using PayPal. Bitcoin is mentioned just 10 seconds into the video in the following voiceover passage:

“Our phone is our wallet. We can spend bitcoin with a tap, without a pocket.”

The news provides the latest evidence that either the eBay-owned company or its mobile payment processing subsidiary Braintree moved to integrate bitcoin into an upcoming project.

Braintree was acquired by PayPal in September 2013. PayPal itself is a subsidiary of eBay, one of the largest e-commerce companies on the web. Outspoken bitcoin advocate Marc Andreessen sits on the board of eBay.

PayPal Video Sparks Rumors About Bitcoin Plans

Source: CoinDesk.com

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