PayPal Might Add Bitcoin Currency Option

PayPal Might Add Bitcoin Currency Option

There are 3 comments on the Ubergizmo story from May 19, 2014, titled PayPal Might Add Bitcoin Currency Option. In it, Ubergizmo reports that:

When it comes to paying for stuff online, there are many options that you could get around doing so.

Join the discussion below, or Read more at Ubergizmo.

Since: Nov 13

Sydney, Australia

#1 May 19, 2014
"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."—Johnny Ho, eBay AGM 2014 …

In other words, he hasn’t got a clue; then …

"We are blessed with a business model that if we deliver for all our buyers and sellers, our marketplace produces profitability and cash flow,…
"I think an important move we made several years ago is now, eBay doesn't succeed unless you succeed. If you don't sell, we don't get anything. And I think that's an important move where our fees, our take rate, our revenue, our profits only occur when sellers like you all over the world successfully sell something."— Johnny Ho, eBay AGM 2014 …

If sellers don’t sell, eBay doesn’t get anything! Wow, what insight Johnny Ho has finally developed; must have been on one of his “thinking days”, with Alice in Wonderland; too bad it has taken so long for the penny to drop …

And, why do you think that eBay is thinking about repatriating all that buried treasure from overseas? Because they want to demonstrate their patriotism by paying some U.S. tax thereon? Dream on! More likely, simply because the eBay balloon is continuing to deflate and they now need the cash to fuel the hot air generators used to try to stop the stock price from collapsing and, apparently, to try to buy a job lot of petty sellers/buyers at $15/head ...

And, of course, eBay and “PreyPal” should stay together, for without “PreyPal”, eBay’s revenues would be atrophying at an even faster rate; regardless, they should stay together and comfort each other as they both continue on their journey down the toilet …

“What eBay Delivers to PayPal”—Pie charts, eBay 2014 AGM

The pie charts shown at the 2014 AGM clearly demonstrate the dependence of “PreyPal” on the eBay marketplace; they indicate that whereas >30% of PayPal’s revenue comes from eBay transactions,~50% of PayPal’s profit comes from those same eBay transactions; the remainder, of PayPal’s off-eBay, on- and off-line operations, are therefore problematic—as one might expect from such a clunky operator when it has to stand on its own feet. Further, all the indications are that the “off-line” experiment by eBay of “PreyPal” at Home Depot et al, remains stillborn, and the subsidizing of such off-line installations/operations is a total waste of eBay shareholders’ funds—LOL …

And, you know things are getting desperate when one of the “Reverends” is invited to address the congregation; then, maybe Jackson was simply performing the “last rites”…

eBay Inc, where the incompetent mingle with the malevolent and the criminal ...

Voorhees, NJ

#2 May 23, 2014
I just realized that know how to make A website ... wow I can do All kinda crazy shit with that..

Voorhees, NJ

#3 May 23, 2014
I realized that hacker thieves were twice my Age so my shame is lifted..

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