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

Related articles

bitcoin reaches 100000 in 2018

Bitcoin headed to $100,000 in 2018 – Analyst

Bitcoin could hit $100,000 in 2018, an analyst who correctly predicted the cryptocurrency’s rally at the start of last year told CNBC on Tuesday. Kay Van-Petersen, an analyst at Saxo Bank, added that other rival digital coins could also outperform. Van-Petersen forecast in December 2016 that bitcoin would reach $2,000 in 2017. At the time, […]

Bitcoin Core Version 0.9.1 Fixes Heartbleed Vulnerability

Newly Released Bitcoin Core Version 0.9.1 addressed the Heartbleed OpenSSL vulnerability, also known as CVE-2014-0160. The vulnerability has been patched by major bitcoin exchanges in a matter of hours. In case you missed it, Heartbleed is a pretty big deal in the security community. The crypto bug in OpenSSL (an open-source implementation of the SSL and […]

Leave a Reply

Your email address will not be published. Required fields are marked *

*