[2015-12-29] Converting Bitcoin To Paypal Does Not Work Well For Obvious Reasons

[jdebunt]

For some reason, plenty of people are still looking for a way to convert Bitcoin to and from PayPal. This is a clear example as to how some people don’t get the concept of Bitcoin to begin with, as digital currency is non-refundable, whereas PayPal is subject to fraud and chargebacks. Plus, PayPal’s Terms of Service does not cover the sale of digital goods, which is – technically speaking – illegal.

http://themerkle.com/uncategorized/converting-bitcoin-to-paypal-does-not-work-well-for-obvious-reasons/