Ebay will integrate Bitcoin

In an interview on CNBC Donahoe says that PayPal plans to start dealing in Bitcoins and other digital currencies soon.

We’re going to have to integrate digital currencies in our wallet

Donoho also explained why he owns some:

I’m not buying it as an investment. I’m buying it to understand how it can be used. I think there are two sides of it, the investment side and the digital currency side. I’m more interested in the digital currency side about how you and I can exchange value seamlessly using technology.