Paypal president talks about using Bitcoin

Apr 24, 2013, 1:18 PM EDT
Japan's Internet giant Softbank president Masayoshi Son (L) US online transaction giant eBay's subsidiary PayPal president David Marcus show their smartphones with triangle shaped dongles of credit card reader as they announce to form a joint venture to start online transaction service through the mobile Internet 'PayPal Here' in Tokyo on May 9, 2012.
AFP/ Getty/ Yoshikazu Tsuno

PayPal President David Marcus said PayPal is thinking about accepting the virtual currency Bitcoin soon. Marcus said the company is fascinated by how the virtual currency has been designed, especially the built-in inflation to counter miners. 

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