PayPal CFO John Rainey says it is “too early” for the company to invest in Bitcoin – despite the fact the cryptocurrency has appreciated 125,000 percent in 7 years. PayPal: We Love Blockchain Speaking in an interview with Yahoo! Finance this week, John Rainey said that the merchant experience of accepting Bitcoin payments was suboptimal due to market volatility. While PayPal would continue monitoring the landscape, at present, it was “blockchain not Bitcoin,” which excitedRead MoreThe post PayPal Says It’s a ‘Little Early’ To Embrace Bitcoin (With Its 125,000% Gains) appeared first on Bitcoinist.com.
