▲ | asim 21 hours ago | ||||||||||||||||||||||
Just to echo other sentiments. Don't use PayPal to hold your crypto. Yes it will open the gateway to existing PayPal users and enable them to transact in these currencies. But the reality is that these centralised entities do not operate under an ethical code the way you would expect them to. They make unilateral decisions about what happens to your account and funds without asking you a single question. Be very careful. I was not a banking skeptic before. I have quite happily used my bank account, credit cards, PayPal and everything else. But now. I am not so sure. The level of control they have over your finances and ability to transact is unnerving. What they do with your money you can't control. When they decide you are no longer a favourable actor you can't control. Minimise exposure to these entities please. | |||||||||||||||||||||||
▲ | bapak 21 hours ago | parent [-] | ||||||||||||||||||||||
> you can't control Well, they're not above the law. They're effectively a bank and must follow the laws in the countries in which they operate. | |||||||||||||||||||||||
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