PayPal To Reveal Bitcoin Wallet - Essay Example

Paypal Promotion Video

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The video, titled ‘PayPal Voices’, was published on the company’s official YouTube page today.

The one-minute promo features a string of actors who are described as “the voices of the people economy”, extolling the benefits of using PayPal. Bitcoin is mentioned just 10 seconds into the video in the following voiceover passage: “Our phone is our wallet. We can spend bitcoin with a tap, without a pocket.”

The news provides the latest evidence that either the eBay-owned company or its mobile payment processing subsidiary Braintree might move to integrate bitcoin into an upcoming project.