4 ms·

Let's kill Paypal, Enough is enough

32 points by tomtoise 12y ago

__xtrimsky 12y ago
Paypal is awesome, don't kill it, fix it.
- moepstar 12y ago
  PayPal is, just like their mothership eBay, way too broken beyond repair to be fixed. Sadly - at least in the case of eBay.
coralreef 12y ago
A lot of these issues seem to happen with crowdfunding or huge spikes of sales like Minecraft.
smt88 12y ago
Too few people are personally affected by this issue to allow you to kill PayPal. A better way to kill them would be to do what they do, but better. A lot of companies are already doing that, so your wish will be granted in time.
- deleted 12y ago
  [deleted]
  - smt88 12y ago
    You're thinking inside a bubble. PayPal makes a tiny fraction of its money on crowdfunding. So, again, a "better" way to kill them would be to build a bunch of companies that provide their whole portfolio of services, but serve customers better. And that's what people have done and are currently doing.
unimportant 12y ago
In before the site gets taken down as they use the word PayPal in the domain. People hate PayPal ever since it gained traction back in the days and they're known to cause people huge problems via frozen funds for a decade or so and no lawsuit or campaign ever came close to changing that.
- smt88 12y ago
  That's probably fair use (in the US at least). "Let's Kill PayPal" refers to PayPal itself. It would be illegal to create "mypaypal.com" and point it to a payment-related website. The concept of consumer confusion still applies, though. Can a consumer confuse "letskillpaypal.com" as something created by PayPal? Probably not. So my guess is that it's fine in the US.
xasos 12y ago
Doesn't help that PayPal has bought the main challengers for p2p payments (Venmo) and Infrastructure (Braintree). Stripe will save us in one of these regards, however.
contingencies 12y ago
Started by an Australian. http://letskillpaypal.com/?page_id=4 http://letskillpaypal.com/?page_id=4 Found myself in a similar situation with Air Asia recently. Any lawyer types have tips on initiating effective class actions? Are you allowed to get their competitors to fund advertising them?

32 points by tomtoise 12y ago

__xtrimsky 12y ago

Paypal is awesome, don't kill it, fix it.

moepstar 12y ago
PayPal is, just like their mothership eBay, way too broken beyond repair to be fixed. Sadly - at least in the case of eBay.

coralreef 12y ago

A lot of these issues seem to happen with crowdfunding or huge spikes of sales like Minecraft.

smt88 12y ago

Too few people are personally affected by this issue to allow you to kill PayPal. A better way to kill them would be to do what they do, but better. A lot of companies are already doing that, so your wish will be granted in time.

deleted 12y ago
[deleted]
- smt88 12y ago
  You're thinking inside a bubble. PayPal makes a tiny fraction of its money on crowdfunding. So, again, a "better" way to kill them would be to build a bunch of companies that provide their whole portfolio of services, but serve customers better. And that's what people have done and are currently doing.

unimportant 12y ago

In before the site gets taken down as they use the word PayPal in the domain. People hate PayPal ever since it gained traction back in the days and they're known to cause people huge problems via frozen funds for a decade or so and no lawsuit or campaign ever came close to changing that.

smt88 12y ago
That's probably fair use (in the US at least). "Let's Kill PayPal" refers to PayPal itself. It would be illegal to create "mypaypal.com" and point it to a payment-related website. The concept of consumer confusion still applies, though. Can a consumer confuse "letskillpaypal.com" as something created by PayPal? Probably not. So my guess is that it's fine in the US.

xasos 12y ago

Doesn't help that PayPal has bought the main challengers for p2p payments (Venmo) and Infrastructure (Braintree). Stripe will save us in one of these regards, however.

contingencies 12y ago

Started by an Australian. http://letskillpaypal.com/?page_id=4 http://letskillpaypal.com/?page_id=4 Found myself in a similar situation with Air Asia recently. Any lawyer types have tips on initiating effective class actions? Are you allowed to get their competitors to fund advertising them?