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The already have the money. The notion that it's somehow "in your account" is just PayPal fiction - especially if they deny you access to "your account" indefin
by dTal 8y ago
The already have the money. The notion that it's somehow "in your account" is just PayPal fiction - especially if they deny you access to "your account" indefinitely.
(Supposedly they don't operate fractional reserve, which means that Peter Thiel pinky-promises not to touch the principle. But it's still in PayPal commercial investment vehicles, earning away.)
- icebraining 8y agoPeter Thiel hasn't been CEO of PayPal for almost 20 years...
- mindslight 8y agoWhich just goes to show how insanely difficult it is to find good pinky swear talent. It's like the voice-over of Silicon Valley.