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looorg [soylentnews.org] writes:

https://cryptoslate.com/bitcoin-shortage-paypal-bought-70-of-all-mined-btc-last-month/ [cryptoslate.com]

Paypal appear to be vacuuming the bitcoin market. They apparently bought 70% of all mined coins last month. I guess they need a large buffer if they want to allow all their customers to convert transactions from all types of currencies into btc. Then its probably just a hop and a skip until ebay (the parent company) does it to.

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