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Spread out is key. Franchise Tax Board of California felt like I owed them taxes (which I didn't) and emptied one of my bank accounts without even giving any a

Spread out is key. Franchise Tax Board of California felt like I owed them taxes (which I didn't) and emptied one of my bank accounts without even giving any advance notice. Luckily it was a smaller one. A year later and I still haven't gotten my funds back, even after having my accountant spend hours on the phone with them and them promising to give it back. And you're right... people on this site time and again keep going after crypto as being a horrible scam... yet they keep on using Paypal. Well, if you hate crypto so much, what would be a better solution to the Paypal problem? Op posted this before: https://news.ycombinator.com/item?id=30269141 https://news.ycombinator.com/item?id=30269141

dragonwriter 4y ago
> And you’re right… people on this site time and again keep going after crypto as being a horrible scam… yet they keep on using Paypal. I go on about (most) crypto(-related things) being a horrible scam (because it is) and also have avoided PayPal since very early in its existence, except in the very rare instances where a business for which there is no alternative requires it, which I’ve run into exactly once in the last decade (was a more common problem in the early 00s.) The world isn’t a dichotomy between crypto and PayPal.
- latchkey 4y ago
  > which I’ve run into exactly once in the last decade anecdotal evidence isn't really worth much, sorry. there is a reason why this story is trending on HN 5 months after the op originally got banned. it is because this keeps happening over and over again to untold numbers of people. the thread is full of endless amounts of similar complaints. you're here responding to the comments at the bottom of the page. you can choose to ignore all of that and make it personal to your experience, or you can listen to the warnings and try to find solutions that help others beyond just yourself. > The world isn’t a dichotomy between crypto and PayPal. really, because you said so?
breck 4y ago
> Franchise Tax Board of California felt like I owed them taxes (which I didn't) and emptied one of my bank accounts without even giving any advance notice. Luckily it was a smaller one. A year later and I still haven't gotten my funds back, even after having my accountant spend hours on the phone with them and them promising to give it back. Ugh, sorry to hear you are going through this. It's astonishing how incompetent (and/or corrupt) some organizations with power are. Anyway, more fuel for my fire to make things better.

dragonwriter 4y ago

> And you’re right… people on this site time and again keep going after crypto as being a horrible scam… yet they keep on using Paypal. I go on about (most) crypto(-related things) being a horrible scam (because it is) and also have avoided PayPal since very early in its existence, except in the very rare instances where a business for which there is no alternative requires it, which I’ve run into exactly once in the last decade (was a more common problem in the early 00s.) The world isn’t a dichotomy between crypto and PayPal.

latchkey 4y ago
> which I’ve run into exactly once in the last decade anecdotal evidence isn't really worth much, sorry. there is a reason why this story is trending on HN 5 months after the op originally got banned. it is because this keeps happening over and over again to untold numbers of people. the thread is full of endless amounts of similar complaints. you're here responding to the comments at the bottom of the page. you can choose to ignore all of that and make it personal to your experience, or you can listen to the warnings and try to find solutions that help others beyond just yourself. > The world isn’t a dichotomy between crypto and PayPal. really, because you said so?

breck 4y ago

> Franchise Tax Board of California felt like I owed them taxes (which I didn't) and emptied one of my bank accounts without even giving any advance notice. Luckily it was a smaller one. A year later and I still haven't gotten my funds back, even after having my accountant spend hours on the phone with them and them promising to give it back. Ugh, sorry to hear you are going through this. It's astonishing how incompetent (and/or corrupt) some organizations with power are. Anyway, more fuel for my fire to make things better.