Paypal to Start Accepting Bitcoin Payments
http://www.bloomberg.com/news/2014-09-08/ebay-s-paypal-unit-to-start-accepting-bitcoin-payments.html
EBay Inc. (EBAY)s PayPal service will start accepting bitcoins, opening up the worlds second-biggest Internet payment network to virtual currency transactions.
Were announcing PayPals first foray into bitcoin, Bill Ready, the chief of EBays Braintree unit, said at Techcrunchs Disrupt SF conference yesterday. Over the coming months well allow our merchants to accept bitcoin. On the consumer side it will be a sleek experience.
EBay, as the worlds biggest Web marketplace and operator of a global payments service, is the most significant business to date thats embraced bitcoin. The move could potentially enable PayPals 152 million registered accounts to transact using the virtual currency, spurring wider use and acceptance of bitcoin, according to Gil Luria, an analyst at Wedbush Securities Inc.
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Bitcoin prices have swung between more than $900 to as low as $341 this year as enthusiasts try to address the digital currencys weaknesses, persuade consumers to embrace it and overcome governments concerns that it could be misused by criminals.
more at link
Have I missed the boat by not owning any Bitcoin's?