Did you know what Peter Thiel's intention was in creating PayPal? No?
Now he has his second chance with
"PayPal was founded in 1998 with the goal of creating a new internet currency to replace the $ [US dollar]."
"PayPal had these goals of creating a new currency. We failed at that, and we just created a new payment system. I think #Bitcoin has succeeded as a new currency, but the payment system is somewhat deficient."