Share this article
PayPal Video Sparks Rumors About Potential Bitcoin Plans
A new video from PayPal provides the latest hint the online payments giant may soon enter the bitcoin space.
By Tom Sharkey
Updated Sep 11, 2021, 11:09 a.m. Published Sep 8, 2014, 6:05 p.m.
PayPal has sparked speculation in the wider digital currency community with the release of a new promotional video that makes reference to bitcoin.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
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.
First reported by The Wall Street Journal this August, such speculation was given yet another boost today in an article by Re/code that suggested Braintree's announcement may come as soon as today.
Braintree was acquired by PayPal in September 2013. PayPal itself is a subsidiary of eBay, one of the largest e-commerce companies on the web. Outspoken bitcoin advocate Marc Andreessen sits on the board of eBay.
Speculation mounts
At the time of writing, PayPal’s only reference to bitcoin integration is the excerpt from the video.
Still, speculation has run rampant, with more than 400 comments about the video splattered across YouTube and reddit.
Notable bitcoin investor and SecondMarket executive chairman Barry Silbert has joined in discussing the significance of the video:
Looks like @PayPal is launching bitcoin integration: https://t.co/eMBXipgyw7 "We can spend Bitcoin with a tap" (h/t @TuurDemeester)
— Barry Silbert (@barrysilbert) September 8, 2014
More information needed
Details are still sparse, and even if the video is proven to be authentic, it’s not entirely clear what plans PayPal has for the digital currency.
While the video does not necessarily mean that PayPal will integrate with bitcoin, the timing of both Re/code's news and the video raises many questions.
The bitcoin community has been vocal about the relationship between PayPal and bitcoin in the past. Many argue that the digital nature of bitcoin lends itself perfectly to PayPal’s business model, while others contend that bitcoin doesn’t need the support of a centralized platform to flourish.
Whatever the case may be, a PayPal-bitcoin integration would certainly shake up the industry and bring the digital currency significantly more visibility with the general public.
CoinDesk is continuing to follow this developing story. At press time, neither PayPal nor Braintree had responded to requests for comment.
Image credit: Denys Prykhodov / Shutterstock.com
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
XRP Ledger Upgrade Lays Groundwork for Lending, Tokenization Expansion
One of the amendments in the new release corrects an accounting error affecting Multi-Purpose Tokens (MPTs) held in escrow.
What to know:
- The XRP Ledger released version 3.0.0 of its server software, rippled, focusing on amendments, bug fixes and improving accounting accuracy and protocol extensibility.
- Operators must upgrade to the new version to maintain network compatibility because the update addresses ledger inconsistencies and prepares for future upgrades.
- Key changes include fixing token escrow accounting errors, enhancing consensus stall detection and tightening security measures, which are crucial for XRPL's expansion into tokenization and DeFi.
Top Stories
