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)