Bitcoin Might Accept PayPal

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Bitcoin Might Accept PayPal

ForexMinute.com – The noteworthy growth of the world’s first digital currency Bitcoin may soon take extensive leaps in the near future. Satoshi Nakamoto’s gem, according to eBay’s CEO Mr. John Donahoe, has found its way into the PayPal’s considerations.

The man revealed this groundbreaking update during the company’s annual shareholder meeting in San Jose, California when one of the attendees from the audience asked him the future of Bitcoin in global trade. John was quick enough to represent his views towards the decentralized coin, and called it “new, exciting and emerging technology.”

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That was when he spilled few little secrets to lure the audience, as well as the entire Bitcoin community. Describing Bitcoin’s potential role in the future, the CEO said, “We think Bitcoin will play a very important role in the future. Exactly how that plays out, and how we can best take advantage of it and enable it with PayPal, that’s something we’re actively considering. It’s on our radar screen.”

For obvious reasons, this little announcement comes as a major one for the future of Bitcoin. PayPal and eBay jointly holds a massive number of users all around the world (around 300 million or more). If Bitcoin gets incorporated into its services in the near future, it will directly become accessible to a common, non-technological audience. The aforementioned platforms will act as a perfect launch to take Bitcoin “to the moon”.

Bitcoin is already being accepted at various mainstream levels. The latest site to adopt this innovative currency was Overstock.com.

To contact the reporter of the story: Yashu Gola at yashu@forexminute.com

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