I hope this should be true, in regard to cryptocurrencies, I see paper worse than Coinbase and other custododial wallets before as you can buy and sell cryptocurrencies supported by PayPal using PayPal but you can neither receive or send cryptocurrencies, but if Paypal users are able to do that now, it is good to hear, although there are varieties of options before that can be used to access crypto and noncustodial wallet. Crypto gives the ability of self custody, I always wonder why people still prefer to use custododial ways to keep their cryptocurrencies in a way they can never have complete control of their coins.

Well, the fees page for the US is still not updated with any potential fees on such transactions but I'm pretty confident at least for a while they will keep their word on this one and keep it to zero, after all this is just a transfer in their internal database just like gifts, the only tricky past will probably be the withdrawals but again they will probably not make such a large fuss from it from the start. But the whole thing about allowing users to get their coins so they are no longer paypalcoins but real bitcoins is indeed a step further, I'm so damn curious how much bitcoins Paypal users have in their wallets, and I have a feeling it's quite a large number, judging by the fact that they had to raise the upper limit twice last year up to $100k.

Quite unexpected, I would have never thought they would allow this.

If they add Bitcoin LN, their users will realize they don't need Paypal anymore

This is good coming from PayPal but question is how much fees are they going to charge for that withdrawal, and somehow I highly doubt this is going to be only transactional fee without anything extra.
Even if people can withdraw Bitcoin from Paypal they should know that this BTC will now be connected to their identity, in similar way like withdrawing from centralized exchanges with kyc registration.
I think this is only available for United States so rest of the world will probably have to wait to see Bitcoin support on their paypal account.

I think nobody really need PayPal,  but an alternative payment method might be good.

It is common to see some discounts using PayPal payment method in Brazil. It might be safe to use it when you are buying something in website where you don't feel safe using your credit card.

It would not be a problem for me if I could add some bitcoin to my PayPal account and pay for an Airline company using PayPal, for example. Sadly, payal and cryptocurrencies are available  only US AFAIK.

So, people who use PayPal can now move a thing they didn't have before to begin with. Great move.

Misinformation, ignorance, arrogance.

Not if they need PayPal to move them. 

In the end, PayPal listened to the customer's demand and do what was necessary. When the news of PayPal accepting btc was first published this was the concern of the majority of the BTC community, but now it is no longer an issue, PayPal users are at liberty to either keep or withdraw their btc to a personal wallet, it is up to them. I hope users will be wise enough to do the right thing. Good update.

This does really proves out that everything could really changed unexpectedly even though how centralized they are but still they have reconsidered on adopting bitcoin or integrating it and now they do allow for external

transfers which is something that a good option or good news to those people who would tend to make use Paypal.Yes, the numbers might not really be that great but at least we do really have some choices.

Hope other platforms would be doing the same thing too but lets see on how this recognition would really be more rampant on other services/platforms as well.

It looks like Paypal decided to change their strategy from trying to corner the market by trying to suck in as much Bitcoin as possible to their closed ecosystem, by using their huge existing user base. It actually makes sense from two different angles - they probably don't want a potential headache from customers saying they were missold since the price has started to fall and they're also probably more interested in getting more customers to use their Bitcoin rather than just sit on it as an asset. If there are more people moving money in and out, then there is more opportunity to charge fees rather than the relatively static deposits-only setup. Maybe they are starting to see it as less of a threat and more of a money maker, but they're probably also more confident in the underlying exchange system that they have established as well.