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CYBER_COWBOY (OP)
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February 25, 2023, 01:46:41 PM
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Using PayPal Goods and Services while buying and selling btc.
You guys think this is a good or bad idea?

I have a PayPal account that only can receive and send as Goods and services.

Is it impossible or is is possible to buy & sell bitcoin. mostly sell bitcoin whit Goods and services?

What is the risk I take?
Is it easy for people to charge back money if i have proof that I sold them bitcoin?

Just want to know as much as possible about this, please share your toughts Smiley
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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February 25, 2023, 01:52:04 PM
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Quote from: CYBER_COWBOY on February 25, 2023, 01:46:41 PM
You guys think this is a good or bad idea?
Bad idea.

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I have a PayPal account that only can receive and send as Goods and services.
It's simple: don't use it for anything that isn't allowed.

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What is the risk I take?
You risk losing your money and getting your Paypal account frozen.

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Is it easy for people to charge back money if i have proof that I sold them bitcoin?
Yes. Scammers will use hacked accounts to pay you.

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Just want to know as much as possible about this, please share your toughts Smiley
Don't do it.
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February 25, 2023, 02:06:15 PM
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Ok. Thanks  Smiley
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