5 ms·

I think you're overestimating the amount that people hate paypal ethics. For instance, I don't know what you mean by ignoring banking regulations and laundering

I think you're overestimating the amount that people hate paypal ethics. For instance, I don't know what you mean by ignoring banking regulations and laundering money quasi-legally? I read his biography written by Ashlee Vance and I don't think this was covered.

goldenkey 9y ago
PayPal has changed a lot. Back when my parents sold thousands of items on eBay, PayPal would screw them over many many times, and not just with disputes - PayPal often locked funds for months without cause. It is fairly easy to find out what PayPal used to be like when Musk ran it - just ask some older eBay sellers.
- reaperducer 9y ago
  >PayPal often locked funds for months without cause. Not unique to PayPal. Deposit a check of an amount that's unusual for your "profile" at Chase and it'll sit on the money for three weeks.
  - goldenkey 9y ago
    That's just a check clearing. Paypal would lock entire account funds, payment clearance was not an issue.
    - reaperducer 9y ago
      No, it's beyond check clearing. The check clears in two days, but Chase still sits on it for a while as a matter of policy.
- paulie_a 9y ago
  PayPal really hasn't changed that much. They still pull the same bullshit and if they went out of business tomorrow the world of ecommerce would be a better place