Because they know once bitcoin starts getting accepted nobody is going to put up with their ridiculous system of rules or give them a cut out of every transaction. And its tax free too. They just became irrelevant. Makes me wish I believed in a deity so I could give thanks :) Holy shit Paypal were a awful service. Customer service was like a colonoscopy. Ferreting out information with that suspicious tone. A million arbitrary limits and hoops to jump though. They got away with that because they were the only game in town. Not anymore.

They are looking for a life raft. Thats what coinbase move is about... appeasing their shareholders. But heres the thing about coinbase.... nobody needs them either.