A lot of comments say this is impossible to achieve or really hard because of all the US laws and stuff like that, and it's sad that people are denying the idea because of that.
I believe this is a necessity.
Maybe it isn't now and probably not in the next months/ year, but if we want this platform to get really popular, it needs a way to convert Steem into USD and send the money to PayPal (because it's way easier to simply send it there than to work with a bank) because there are A LOT of people who don't want to join Steemit simply because they can't get paid directly with it and have no experience with cryptocurrency.
I have a friend that I kinda convinced at some point to join Steemit, but she still didn't because it's still pretty hard to exchange your money into USD or even EUR and then send it to a bank.
An implementation like this that would allow anyone to change Steem into USD and then send it to PayPal won't only make our life easier, but it will open the borders for ANYONE willing to join, because the process will be so damn simple there's simply no excuse not to be on this website creating content.
Plus, I can't even imagine what it would do to Steem. A cryptocurrency that allows people to directly exchange Steem to USD and send it to PayPal without having to use all kind of websites and active your bank account in all kind of places - that's probably boost the price God knows how much.
I wrote about this a long time ago as well, and threw the idea out there, and while I can't help (because I don't have the knowledge) I believe this is one of the best things that could happen in the future for Steemit and I totally agree with you.
Yes, the platform is amazing as it is and yes, it offers us the possibility to make money while publishing, but if we want it to get really popular, if we want everyone to join, we need to simplify things and make everything easier for the common user who doesn't want to learn a bunch of things about cryptocurrency to publish here and get paid.
I would love this to become reality, and hopefully you won't give up on the idea (or someone else) and it will be achieved.
Thanks for bringing this up!