Whilst accessing the site itself isn't likely to be an offence, buying some of the goods on there definitely
is of course. As far as I'm aware, no country has yet made an offence to actually access the website,
but that might happen before long if the powers-that-be are unable to find ways to close it down.

PayPal is very convenient because it's a fast and easy way to transfer funds using a credit card which offers the most protection when doing business online in what
may be lets say, uncertain situations where there might be more risk of something going. Also you're protected against fraud by the credit card company and PayPal
itself to a lesser extent. PayPal also supports multiple currencies so it's convenient and cheap for dealing with buyers/sellers in other countries using other currencies.

But the problem with using PayPal for Bitcoins is two-fold:

1. PayPal doesn't allow its service to be used to buy or sell Bitcoins and they will instantly close an account if they discover you doing that.

2. If you're selling Bitcoins and taking PayPal as payment, there is nothing to stop the buyer making a chargeback against your PayPal account/credit card.

A lot of people are seeing Bitcoins are risky or even high risk. I don't think so.

It's the sites where you use them which is where the risk is. If you're dealing with an established community where members
are vetted and Bitcoins are held in Escrow the risk is really quite low, and it's no more risky than using regular money and buying
someone off eBay.

It's just a case of using common sense and applying the same principles you would allow on eBay for example.

It seems to me, the problem of trust and PayPal can be easily worked around..

All you need to do is follow the same approach as used by Bitmarket.eu and other such Bitcoin market sites. Setup a
new website that acts as an escrow service for PayPal transactions between buyers and sellers. Both parties would
have to be vetted and verified before they are allowed to buy or sell Bitcoins using PayPal.  Some criteria could
be used, i.e minimum length of time as PayPal user, registered eBay member with at least 99% feedback etc. You
could also have a maximum limit on the number of bitcoins in any one transactions, and a daily/weekly or monthly
limit to make it difficult to carry out fraud/chargebacks on larger amounts. These limits could be increased/removed
over time once a user has proved themselves to the community. The site could be feedback driven.

All purchases of Bitcoins could be indirect without any direct reference to Bitcoins on the PayPal transaction.
Some electronic product (information, ebook etc) could be the product, so that it doesn't break PayPal's policy
or rules.

Hi just wanted to say a quick hello to all Bitcoin users... I think it's an amazing
concept and enjoy using Bitcoins.  Maybe it will change the world, who knows!