GJkbrvKGqdPhCsXU2nHCzQM4jdYN9s1bmK

Thanks!

If someone is committing fraud then you are correct in stating PP or CC providers are "safe".  The issue I have is that PP have a reputation for making very bad decisions somewhat arbitrarily and not entering into any form of mediation if that decision is against you.

Everyone involved in bitcoin should read the book "The Sovereign Individual - Mastering the Transition to the Information Age" by James Dale Davidson to help them really understand the implication that bitcoin brings to humanity in offering a truly free and unregulated medium of exchange.  The biggest issue that will face this currency in the near team is the opposition of nation states (PP is a proxy of the US government in this regard).

As soon as a sovereign nation gets on board with bitcoin/crypto currencies (Iceland anyone?) and offers safe haven to unregulated free markets with a fair exchange for services to maintain society, I think they will become the leading economy in the world and show other antiquated models the way of the future.  There will be ALOT of opposition to any nation state endorsing crypto currencies by the powers that be, but I think the competitive advantages of any move will attract capital like there is no tomorrow and invalidate any issues over time.

The biggest worry is that the United States will intervene militarily to maintain the status quo of fiat currencies against any state that opens the door to crypto.  This is a real risk - wars could be fought over this in the near future.

It's kind of surprising that people still need educating about Paypal.  I know for a fact they have been stealing money since 2003 as that is when I first had funds frozen by them.  Their policy when your account is suspended is "talk to the hand".  They make some arbitrary decision that your account is tainted, keep the money and refuse to discuss why.  This has been their policy for at least a decade, but muppets continue to sign up and use them.  I am amazed an entrepreneur has not been able to displace them in the market - perhaps bitcoin will assist in this.  If someone can come up with a painless and smooth way to transfer fiat to bitcoin and vica versa, I think they'll make more money than Elon Musk and Satoshi Nakamura combined...

Same issue here.  I can understand restrictions due to high traffic volumes, but it could easily be solved with a membership/donation option.