Economics

PayPal’s president says that they are looking into Bitcoin as a funding instrument

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David Marcus, president of EBay Inc.’s PayPal unit was on Bloomberg and said:
“And I think here, for us at PayPapl, it’s just a question of whether Bitcoin will make its way to PayPal’s funding instrument or not, and we’re kind of thinking about it right now.”

If PayPal accepts Bitcoin as a funding instrument, it will radically open up Bitcoin spendability.

Here’s a link to the (http://www.bloomberg.com/video/paypal-sees-20-billion-in-mobile-transactions-WlokACTBRterdjHAJGNB6w.html)

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“PayPal’s president says that they are looking into Bitcoin as a funding instrument”