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PayPal to support Ethereum and Bitcoin

newsroom.paypal-corp.com

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Re: PayPal to support Ethereum and Bitcoin

#401
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Re: PayPal to support Ethereum and Bitcoin

#402
post #371
post #306

Earlier quoted context omitted.

After waiting on the line with support for 4 hours and going through a phishing-tastic email flow, sure. (Maybe your credit card company has a better experience, but who wants to reach the point where you find that out?). With PayPal you just push the button.

My credit card company has a "dispute charge" button in the transaction history. It's one click. Sounds like you should look into a different provider.

I mean I try, but ease of chargeback is not a point I've seen on any comparison websites. And why bother going into the weeds when I can just use PayPal with all my cards and have peace of mind?

Re: PayPal to support Ethereum and Bitcoin

#404
post #395

Earlier quoted context omitted.

Okay and the key difference between crypto and cash/credit/whatever is supposedly that it is decentralized. Or have we abandoned that false premise now?

Cash has centralized distribution, but it's very decentralized in use. That's what makes it useful. However, sometimes people might choose to use a centralized service provider (like a bank, or a credit card company) because it's useful. They still have the option of using cash. What's important isn't that every single transaction happens in a fully-decentralized way: it's that decentralized transactions remain an op…

Why is a centralized service provider for crypto useful? It doesn't solve any of the problems that banks and credit card companies solve for cash. Those problems are already solved in the decentralized use case.

Re: PayPal to support Ethereum and Bitcoin

#405
post #240

I don’t understand all the immediate negativity surrounding this. Can someone in the know explain what the ramifications are?

What's not to understand? If you have a specific question about the 'immediate negativity', perhaps comment on one of the puzzling comments to ask for clarification For a general background, searching for 'paypal' reveals a thing or two: https://hn.algolia.com/?q=paypal > - Thinking of Selling on eBay using Paypal? Think Again > - “We found PayPal vulnerabilities and PayPal punished us for it” > - We got banned from…

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Re: PayPal to support Ethereum and Bitcoin

#406

Earlier quoted context omitted.

It hasn't solved the problem it set out to solve. We still have to chose between untrustworthy middlemen for handling our payment infrastructure. It gave up a decade ago. I wouldn't call that "working out".

have to chose Interesting oxymoron. If everyone used it what problems would remain?

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Re: PayPal to support Ethereum and Bitcoin

#408
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