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Coinbase Adds Support for PayPal and Credit Cards

• jswny 10y ago
  Two of the worst payment companies who love to screw over consumers all in one place, sounds amazing! I can just imagine getting both my Coinbase account and my PayPal account frozen at the same time for something that one of them didn't like. 2-for-1! I've long since left Coinbase since they locked my account and started emailing me asking me to verify my actions because they believed I was engaging in gambling and other actions against their terms. I couldn't even buy an anonymous currency from them without having them actively scrutinize and track what I did with said currency. No thanks.
  • strathmeyer 10y ago
    It's their duty as a financial entity. You weren't smart enough to use bitcoins.
    • jswny 10y ago
      I see where you are coming from. However, PayPal is involved in multiple lawsuits at the moment and previously so I would beg to differ that some of the things that they do are over the line: https://www.accountholdsettlement.com/ https://www.accountholdsettlement.com/ (one example). Also, yes I was stupid to trust a place like Coinbase. There are plenty of other ways I could get Bitcoin (I do this now), however, I remain disappointed in the way that Coinbase has begun to evolve.