Reggie Middleton discusses Ebay and bitcoin. Veritaseum CEO Reggie Middleton tells Erin what he thinks about Ebay’s plan to integrate bitcoin into its Braintree payments subsidiary. Recorded 2014-08-23.
E-Commerce service provider eBay Inc. 's ( EBAY) Braintree unit is striving to integrate Bitcoin within its payments system.. Reportedly, Braintree, a mobile payment processing company, is in Guessing ebay will accept the bitcoin payments themselves through Braintree, deduct fees, and then credit the seller's account with a dollar amount of what's left. In this respect, seller's will not be paid directly by buyer, and ebay will be in the middle of each bitcoin transaction. In a major move to bolster Bitcoin, EBay on Monday (Sept. 8) officially announced its much-teased decision to start accepting Bitcoins. "We're announcing PayPal's first foray into bitcoin," said Bitcoin which is a non government backed open source currency officially came into circulation in 2009. ‘Mining’ is the process through which new bitcoins are generated, in 2010 the first bitcoin transaction took place – 10,000 Bitcoin ($100 million in today’s terms) were traded for two pizzas. Braintree's announcement is a step toward the complete acceptance of Bitcoin in the eBay universe, said Ready, who noted that the company wanted to ensure users' safety and security before taking
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Selling Bitcoin on Ebay - The Do's and Don'ts - Duration: 13:47. Patrick Likes Bitcoin 3,370 views. 13:47 'Fake Bitcoin' - How this Woman Scammed the World, then Vanished - Duration: 17:50. In this episode of Follow The Coin's BitNews, Tina Hui goes over a list of new Bitcoin merchants in the space, including Dish TV which is now live, 1-800-Flowers, Suicide Girls and rumors ... My experiences with selling Bitcoin on Ebay. Seller beware! Donations if you would like to: Bitcoin address: 1BwfLzx44tQjYHyp9TKo7hvXjqjaY3zb6u Litecoin address ... According to the Wall Street Journal, Ebay Inc is reportedly in talks with several bitcoin payments processors to begin accepting bitcoin with its Braintree payments subsidiary, which is a part of ... Bitcoin’s momentum among key merchants and platforms on the web keeps accelerating. After hinting at it a few weeks ago when Braintree enabled Bitcoin-based transactions for PayPal developers ...