In one way that is good because, with Paypal on board, it will expand the horizon of crypto-currencies usefulness. On another note, though, when users get involved in these centralized processors, they are more vulnerable to abuse by a single entity.
>>> “Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago.”
news.bitcoin.com/paypal-bought-70-of-all-newly-mined-bitcoin-last-month-as-demand-rockets/