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<p>[QUOTE="-jeffB, post: 7519850, member: 27832"]They're a <i>business</i>, run by human beings. Humans can lie and cheat. Yes, if they're caught being dishonest, they'll have a major problem. One aspect of that problem might involve trouble getting to your PayPal balance.</p><p><br /></p><p>Look, I believe in PayPal. I'm betting a substantial chunk of my stock portfolio on their success, by holding the stock I bought ages ago in their IPO. But I know businesses can run into trouble, and I know sometimes news of that trouble can come too late for investors.</p><p><br /></p><p>One of the big philosophical points of crypto is that you <i>don't</i> need to rely on a third party to hold what's yours. Letting PayPal hold your crypto voids that tenet. For a lot of people, that doesn't matter. For some, it probably does.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 7519850, member: 27832"]They're a [I]business[/I], run by human beings. Humans can lie and cheat. Yes, if they're caught being dishonest, they'll have a major problem. One aspect of that problem might involve trouble getting to your PayPal balance. Look, I believe in PayPal. I'm betting a substantial chunk of my stock portfolio on their success, by holding the stock I bought ages ago in their IPO. But I know businesses can run into trouble, and I know sometimes news of that trouble can come too late for investors. One of the big philosophical points of crypto is that you [I]don't[/I] need to rely on a third party to hold what's yours. Letting PayPal hold your crypto voids that tenet. For a lot of people, that doesn't matter. For some, it probably does.[/QUOTE]
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