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They will probably try and hire Elon Musk when every thing goes to shit or sell the company to him.

FYI: Ummm ... Elon Musk was the co-founder of PayPal along with Peter Thiel. Pretty sure one or both of them are still on the board of directors. I'm sure they are tracking on this new development. If I had to guess this effort is probably supported by Thiel, he's the libertarian leader that championed PayPal, Facebook & other Tech companies out of the gate towards economic prosperity.

Correct. His investments into the crypto space would align with a move like this from PayPal.

Its actually going to be a great news for some of us in our couuntry trying to transact with people fom other country.
Paypal will actually boost a flexible transaction online for many people.
Things will get better

It will facilitiate east transction between you and people in other countries esprcially when you are dealing on online transations