PayPal President David Marcus: Bitcoin Is Good, NFC Is Bad

5min Tech

by 5min Tech

Online payments will look completely different in the next decade, but Bitcoin has a better chance at revolutionizing commerce than the NFC tap-to-pay technology, PayPal President David Marcus predicted Tuesday. "I really like Bitcoin. I own bitcoins," Marcus said at the LeWeb conference here. However, he believes people don't correctly understand what bitcoins actually are today, and he's yet ready to let people link their bitcoin wallets with their PayPal accounts.