Under US Pressure Paypal Nukes Mega For Encrypting Files

[freedomno1]

Another reason why I stopped using paypay years ago.
Everyone should just boycott the dam service. Find yourself another way to make payments.
Sure it's a little inconvenient but by continuing to use their service, you contribute to this.

This should be a conscious choice.

Bad companies will eventually go out of business if people stop using them!

That or builds a superior system and get the traction going
Hopefully it will be a Bitcoin based payment service NOT LOCATED IN THE USA
Since they might end up in a similar predicament there

[Rishblitz]

Paypal sucks and I hope people screw them over more.

[leopard2]

I cannot believe how in the year 2015 can there be so many friggin' retarded sheeple on the planet that they still depend on Painpal to make payments??!! How can people depend on that criminal organization?

Painpal is just one method of payment, there are so many others and there is always Bitcoin...

Hopefully in a few years, Painpal will have become unimportant and no longer be able to blackmail businesses...

If Paypal was nearly as bad as you make it out to be, there would be a huge market opportunity for anyone to replace them with a 'less evil' business offering the same services. Any business that feels wronged by Paypal obviously won't use them. But far more businesses apparently see the value they offer, which is why Paypal has grown to the size it has. Bitcoin maybe has an opportunity to reduce fees even further, but as long as the price is so volatile, no business will want to deal in bitcoins. The biggest hurdle to bitcoin supplanting something like Paypal as a payment processor is bitcoin itself.

No Paypal exists only because US banking is massively disturbed. In Germany a bank wire is free, even 20 years ago it was free, nobody would use a scam service like Painpal to pay someone, but a simple free bank transfer.  

Due to the sick and twisted paper check based dinosaur US banking, Painpal could become powerful and finally, Ebay bought them and forces their users to offer Painpal in the US.  

Painpal is terrible but they are a winner-takes-it-all sort of company

Bitcoin vola is not an issue if it is hedged or converted to fiat right away.

From a CUSTOMER perspective BTC is much better because Painpal freezes accounts and steals money all the time whereas Bitcoin wallets don't.

https://www.aboutpaypal.org/

[manis]

From a CUSTOMER perspective BTC is much better because Painpal freezes accounts and steals money all the time whereas Bitcoin wallets don't.

That would be the perspective from a merchant's point of view. From a customer's point of view, there is always an option of chargeback if the goods are not up to the mark. Not advocating paypal over bitcoin, though.

[shogdite]

Sad to see how quickly payment providers will bend over to US 'interests' (ie. being able to spy on all your data and communications).

Kind of reminds me of the payment blockade against Wikileaks, it was futile in the end as we can still donate bitcoin to this very day.

[jaysabi]

I cannot believe how in the year 2015 can there be so many friggin' retarded sheeple on the planet that they still depend on Painpal to make payments??!! How can people depend on that criminal organization?

Painpal is just one method of payment, there are so many others and there is always Bitcoin...

Hopefully in a few years, Painpal will have become unimportant and no longer be able to blackmail businesses...

If Paypal was nearly as bad as you make it out to be, there would be a huge market opportunity for anyone to replace them with a 'less evil' business offering the same services. Any business that feels wronged by Paypal obviously won't use them. But far more businesses apparently see the value they offer, which is why Paypal has grown to the size it has. Bitcoin maybe has an opportunity to reduce fees even further, but as long as the price is so volatile, no business will want to deal in bitcoins. The biggest hurdle to bitcoin supplanting something like Paypal as a payment processor is bitcoin itself.

No Paypal exists only because US banking is massively disturbed. In Germany a bank wire is free, even 20 years ago it was free, nobody would use a scam service like Painpal to pay someone, but a simple free bank transfer.  

Due to the sick and twisted paper check based dinosaur US banking, Painpal could become powerful and finally, Ebay bought them and forces their users to offer Painpal in the US.  

Painpal is terrible but they are a winner-takes-it-all sort of company

Bitcoin vola is not an issue if it is hedged or converted to fiat right away.

From a CUSTOMER perspective BTC is much better because Painpal freezes accounts and steals money all the time whereas Bitcoin wallets don't.

https://www.aboutpaypal.org/

And Paypal is disrupting the massively disturbed US banking system. They've identified a market opportunity and have seized it, and people see the value in it, which is why they use it. If the market opportunity is so huge and obvious to replace Paypal, why hasn't anyone done it yet?

[Spendulus]

I cannot believe how in the year 2015 can there be so many friggin' retarded sheeple on the planet that they still depend on Painpal to make payments??!! How can people depend on that criminal organization?

Painpal is just one method of payment, there are so many others and there is always Bitcoin...

Hopefully in a few years, Painpal will have become unimportant and no longer be able to blackmail businesses...

If Paypal was nearly as bad as you make it out to be, there would be a huge market opportunity for anyone to replace them with a 'less evil' business offering the same services. Any business that feels wronged by Paypal obviously won't use them. But far more businesses apparently see the value they offer, which is why Paypal has grown to the size it has. Bitcoin maybe has an opportunity to reduce fees even further, but as long as the price is so volatile, no business will want to deal in bitcoins. The biggest hurdle to bitcoin supplanting something like Paypal as a payment processor is bitcoin itself.

No Paypal exists only because US banking is massively disturbed. In Germany a bank wire is free, even 20 years ago it was free, nobody would use a scam service like Painpal to pay someone, but a simple free bank transfer.  

Due to the sick and twisted paper check based dinosaur US banking, Painpal could become powerful and finally, Ebay bought them and forces their users to offer Painpal in the US.  

Painpal is terrible but they are a winner-takes-it-all sort of company

Bitcoin vola is not an issue if it is hedged or converted to fiat right away.

From a CUSTOMER perspective BTC is much better because Painpal freezes accounts and steals money all the time whereas Bitcoin wallets don't.

https://www.aboutpaypal.org/

And Paypal is disrupting the massively disturbed US banking system. They've identified a market opportunity and have seized it, and people see the value in it, which is why they use it. If the market opportunity is so huge and obvious to replace Paypal, why hasn't anyone done it yet?

a lot of women only become pro-gun After they've been assaulted..,

[jaysabi]

Perhaps that's a valid point, but if it was as widespread a problem as people are attempting to portray, it wouldn't be a viable company. The millions of people who use the service speak more to merit than the handful of people complaining on internet in my mind.

[Nemo1024]

PayPal has been ordered to cough up $7.7 million to the US government as a penalty for violating various US sanctions lists:
http://ria.ru/economy/20150325/1054492393.html

It's strange that they were so proactive with Mega...

[s1lverbox]

U.S.A what a lovely country.....

Greatest country in the world...my ass

Kim is the main man, i hope america will get his repayment when BTC go mainstream and will swap silly funky ass dollars which are nothing more than fancy toilet paper.