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Author Topic: Paypal's Employee Policy on Bitcoin  (Read 13445 times)
TheFootMan
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July 27, 2013, 01:53:03 PM
 #41

lol if you tell a paypal customer service guy you can't wait to see bitcoin destroy their company your account gets suspended for suspicious activity. at least mine did about 10 minutes after i hung up the call. 

Hahahaha. That's so professional on Paypal's part! But I can't even imagine how badly it sucks to work in Paypal support.

Here you have one representative dealing with a bitcoin incident:

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July 27, 2013, 02:54:35 PM
 #42

Getting any type of response from PayPal is a miracle.  Their support is non-existant.

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July 31, 2013, 02:07:39 PM
 #43

Paypal is one of the most hated companies in America. A few years ago, someone threw a bomb on their doorstep. Unfortunately, it only caused a superficial damage.
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July 31, 2013, 02:28:24 PM
 #44

Paypal is one of the most hated companies in America. A few years ago, someone threw a bomb on their doorstep. Unfortunately, it only caused a superficial damage.

I'm very glad that bitcoin is now taking some of their market share.
hayek
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July 31, 2013, 05:23:45 PM
 #45

Typical Government

You don't get to play the game unless we let you. Oh by the way we only let our friends play the game and you're not important enough to be our friend.


Looks Paypal is trying to be flexible but it's just not worth it to try working with them. We should focus on systems and infrastructure that allow us to function outside of their sandbox. They should be asking us to play our game.
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July 31, 2013, 05:44:58 PM
 #46

Wouldn't say Paypal is anti-Bitcoin, but maybe just overly cautious.

Paypal President has stated publicly that he is finds bitcoin "fascinating" and that they are thinking about including it as a funding option eventually.

http://tech.fortune.cnn.com/2013/05/23/why-paypal-is-bullish-on-bitcoin/
http://www.bloomberg.com/video/paypal-sees-20-billion-in-mobile-transactions-WlokACTBRterdjHAJGNB6w.html
http://thenextweb.com/insider/2013/04/24/paypal-president-is-fascinated-by-bitcoin-says-company-is-thinking-about-including-the-virtual-currency/

I doubt that PayPal will ever adopt bitcoin, they don't want to promote it as more people will realise thay they can avoid PayPal altogether and not pay a 3% transaction fee.

I don't know... People still use AOL, even though it's completely unnecessary. No matter how common bitcoin gets, there will still be many (probably old) people who don't understand it well enough to buy coins direct and will happily use paypal to send bitcoin payments.

Also, the word will get out eventually--paypal might as well make a few bucks along the way. It won't earn them any less than doing nothing.

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July 31, 2013, 05:51:01 PM
 #47

We knew this, it is in the TOS of paypal.

+1
I didn't, and the guy above me doesnt know that people are not supposed to post "useless" posts such as "+1" "this" "watching" "^" "same" you get the idea...
Its in the forums rules.../guidelines

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AliceWonder
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July 31, 2013, 10:58:30 PM
 #48

We knew this, it is in the TOS of paypal.

+1
I didn't, and the guy above me doesnt know that people are not supposed to post "useless" posts such as "+1" "this" "watching" "^" "same" you get the idea...
Its in the forums rules.../guidelines

Wow, censorship everywhere you turn.

Who determines what is useless?

++ is actually beneficial to some because when scimming a thread, it helps you identify posts other found beneficial and you can pay more attention them.

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August 02, 2013, 12:23:18 AM
 #49

I suppose Paypal is hiring ex-NSA employees and the like, and outsources work to mental institutions, too.

Luckily there is bitmit.

Truth is the new hatespeech.
Fiyasko
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August 04, 2013, 06:35:18 AM
 #50

We knew this, it is in the TOS of paypal.

+1
I didn't, and the guy above me doesnt know that people are not supposed to post "useless" posts such as "+1" "this" "watching" "^" "same" you get the idea...
Its in the forums rules.../guidelines

Wow, censorship everywhere you turn.

Who determines what is useless?

++ is actually beneficial to some because when scimming a thread, it helps you identify posts other found beneficial and you can pay more attention them.
Sorry for the confusion guys, Heres a link to the guidelines, my brain must have slowly warped it overtime, scroll down a bit in the thread and you'll see comments about the +1's
My bad! https://bitcointalk.org/index.php?topic=14356.0

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August 04, 2013, 09:42:54 AM
 #51

Paypal have a murky history of saddling up besides 'authorities', so this statement comes as nothing short of standard behaviour expected from this outfit
I favor boycotting  Shocked
EscrowBTC
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August 04, 2013, 10:27:33 AM
 #52

Guys, stop using PayPal.

Have you ever noticed that simple things are being destroyed or changed by dumb owners?
TheFootMan
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August 04, 2013, 12:30:38 PM
 #53

Guys, stop using PayPal.

Have you ever noticed that simple things are being destroyed or changed by dumb owners?

You mean those with fancy clothes, Ipads and rich friends?  Grin
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August 04, 2013, 12:41:16 PM
 #54

I already stop using paypal since few years ago, i have very bad experience with paypal
on my very first transaction to buy a domain cancelled because paypal make refund it self without my authority, they said my paypal account get compromised and needed ID photo to unblock my account Angry
LostDutchman
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November 20, 2013, 09:49:17 PM
 #55

IMHO, using Paypal for any kind of cryptocurrency related transaction is just too risky.

Both the sender's and the receiver's accounts could be locked for up to 180 days simply by attempting a single transaction.

I have had a Paypal account for years and it is simply not worth the risk to use it for crypto.

My $.02.

Sad

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beetcoin
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November 20, 2013, 10:04:39 PM
 #56

using paypal for ANYTHING is just bad news. unfortunately, i currently sell on ebay and it is currently my best option.

if i had a choice, i wouldn't use visa/mastercard/paypal. it seems like their business model is to get big, destroy competition (or limit it to an oligopoly), and then charge exorbitant rates.

when i sell something on ebay, i have to subtract the 15% that goes to ebay to calculate whether it's even worth selling at all. that is a ridiculous fee to charge considering what they provide, and that # is only going to get higher and higher.
LostDutchman
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November 20, 2013, 10:45:17 PM
 #57

using paypal for ANYTHING is just bad news. unfortunately, i currently sell on ebay and it is currently my best option.

if i had a choice, i wouldn't use visa/mastercard/paypal. it seems like their business model is to get big, destroy competition (or limit it to an oligopoly), and then charge exorbitant rates.

when i sell something on ebay, i have to subtract the 15% that goes to ebay to calculate whether it's even worth selling at all. that is a ridiculous fee to charge considering what they provide, and that # is only going to get higher and higher.

I am using Craigslist and ebay classifides (Free) and am having great success.  I eventually sell everything I list with no comebacks.

I do sell autos on ebay motors at which site sellers are allowed to specify things like wire transfers, which is the only way that I will accept payment other than cash in hand.

My $.02.

Wink

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dominicwin
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November 21, 2013, 12:03:01 AM
 #58

What do people really use PayPal for other than eBay?

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