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Expected Bitcoin Payment on eBay Is a Significant Step Toward Mass Adoption
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.
It's likely that the Braintree subsidiary is serving as eBay's guinea pig, testing Bitcoin payments on a smaller scale before rolling the feature out to PayPal and the eBay site itself.
At that point, other major merchants will have some big decisions to make...
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.
It's likely that the Braintree subsidiary is serving as eBay's guinea pig, testing Bitcoin payments on a smaller scale before rolling the feature out to PayPal and the eBay site itself.
At that point, other major merchants will have some big decisions to make...