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This is coming a bit too strong... I was there from the beginning. PayPal and Credit Cards did not ban bitcoin in the early days, but the high charge-back rate
by csomar 6y ago
This is coming a bit too strong... I was there from the beginning. PayPal and Credit Cards did not ban bitcoin in the early days, but the high charge-back rate forced them to do it.
- Melting_Harps 6y ago> PayPal and Credit Cards did not ban bitcoin in the early days, but the high charge-back rate forced them to do it. Were you? Then you must have simply forgotten how Ebay UK (which deals with Paypal) allowed for Bitcoin sales only through the ads, outside of the Paypal-sphere [0]. At the time this was pretty signinficant because this was when several Uk based bitcoin exchanges were being shut down. Bittyliciious being the biggest. And Localbitcoins started to become a target by regulators and gox was on its last legs. Also worth noting how you could bypass this with the sale of Bitcoin 'software' on their platform: > Ebay previously allowed users to sell software for bitcoin mining and transactions. 0: https://www.ibtimes.co.uk/ebay-uk-allow-users-buy-sell-bitcoins-1433007 https://www.ibtimes.co.uk/ebay-uk-allow-users-buy-sell-bitco...