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E-commerce giant eBay Inc.(Nasdaq: EBAY) is very close to offering Bitcoin payment as an option via its Braintree subsidiary – a high-profile move that will mark another milestone on the road to mass adoption of the digital currency.
Last week The Wall Street Journal said that according to "people familiar with the matter" officials from eBay's PayPal unit had been in talks with several Bitcoin payment companies, including Coinbase.
It's likely that the Braintree subsidiary is serving as eBay's guinea pig, testing Bitcoin payments
About the Author
Dave has been a journalist for more than 35 years, including 18 spent at The Baltimore Sun. He has worked as a writer, editor, and page designer at different times in his career. He's interviewed a number of well-known personalities - ranging from punk rock icon Joey Ramone to Apple Inc. co-founder Steve Wozniak.
Over the course of his journalistic career, Dave has covered many diverse subjects. Since arriving at Money Morning in 2011, he has focused primarily on technology. He's an expert on both Apple and cryptocurrencies. He started writing about Apple for The Sun in the mid-1990s, and had an Apple blog on The Sun's web site from 2007-2009. Dave's been writing about Bitcoin since 2011 - long before most people had even heard of it. He even mined it for a short time.
Dave has a BA in English and Mass Communications from Loyola University Maryland.