421–430 of 536 posts
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I find this comment’s format profoundly confusing and have no idea what the intended meaning is. The first sentence is throwing me off so much.
Don't keep your money in paypal, withdraw it to your bank account as soon as you can.
PayPal blocked us after 10 years due to a a Kafkaesque problem, where they decided that our Hong Kong company was both a Chinese company and not a Chinese company: https://www.cogini.com/blog/paypal-know-your-customer-failur...
> "They don't care, because it's a numbers game to them." This sounds so similar to all other large tech companies, specially Google. Somewhere along the line all these tech companies lost user focus.
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Legal marijuana shops are still mostly cash only specifically because they can’t bank, due to weed being federally illegal. Bank monitoring is in place to battle illegal activity, fraud and laundering. If you are doing something reprehensible, a payment company can be seen as endorsing that behavior by your association with that bank. I mean, you have a spam network here that was proudly displaying PayPal’s logo on i…
>Legal marijuana shops are still mostly cash only specifically because they can’t bank, due to weed being federally illegal. There is a world of difference between closing accounts that are used to pay for activities that are illegal and closing accounts because the client does something you don't like, especially if the service provider can't even point out which part of their TOS was violated. >businesses designed…
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"Crypto" should not be exclusive to mean "cryptography" however it is undesirable to reuse a shortening within the same field. Which is true in this example given "cryptocurrency" relies on "cryptography". Whoever came up with the term "crypto" for "cryptocurrency" did not think it through enough. Especially on any technical website, the usage of the newer and less relevant [1] shortening is unnecessary. TL;DR simply…
I agree that they it shouldn't be used if it's possible to mix them up (crypto shouldn't be used to mean cryptography either if it's possible to mix it up with cryptocurrencies). This was not such an instance. The English language is ever changing, we re-purpose and come up with new words all the time. In daily use "cryptocurrencies" is long to type and say, so when the context is clear it's easier to just use "crypt…
> The English language is ever changing, we re-purpose and come up with new words all the time.
Except that my argument isn't that the old meaning is older (ie. no appeal to tradition, nor is appeal to novelty valid); it is that the older meaning is:
1) Far more important than the new one, and
2) Far broader, widely available and adopted (NOT a niche)
3) Is a dependency for the new one.
Those are 3 very good reasons why using crypto for cryptocurrency doesn't make sense, except perhaps if you're talking within the circles of that niche (hint: not here).
> In daily use "cryptocurrencies" is long to type and say, so when the context is clear it's easier to just use "crypto".
Use an autocomplete to make 'crypto' change to 'cryptocurrency'.
I've been preaching this since forever. Don't rely on PayPal. They're less professional than a kid selling juice next to the road. There are no grace periods with PayPal to give you time to move to another service. There is never more than a generic reason and stonewalling when they terminate you. And yes, their decision is always final. They'll happily terminate your only source of income on a friday afternoon, free…
"Don't rely on PayPal. They're less professional than a kid selling juice next to the road." I am constantly surprised that in this age businesses are still surprised by PayPal shenanigans. I remember coming to the same conclusion almost 18 years ago.
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Without that second 'had' it would have been too close to call.
“John, where Jane had had ‘had’, had had ‘had had’; ‘had had’ received the better mark”. And now ‘had’ has lost all meaning for me. I forgot which verb it was conjugated from for a second there
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But with PayPal, that’s not the case. Your “money” in your account at PayPal is just a number in a table. The actual money, however, is in PayPal’s bank account where it is earning PayPal interest and investment opportunities.
I may be wrong like this, but I think only banks are allowed to earn interest on your cash, and Paypal isn't a bank.
In many ways, I'm surprised either company still functions without massive blackouts all the time. That's quite the testament to the founders' code, I guess.
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PayPal should avoid doing vigilantism if they want to keep people's money under trust. It matters very little how despicable the company is, monetary services must not hold opinions unless explicitly told one by a local government.
> "should void doing vigilantism", "monetary services must not hold opinions" That sounds like a very interesting idea, but how about this one? > "You must follow PayPal's terms and conditions or should expect to have your account terminated" Because that's how every payment processor in existence works. Don't like it? Use bitcoin.