PayPal to allow cryptocurrency buying, selling and shopping on its network

Re:PayPal to allow cryptocurrency buying, selling and shoppi... by BTCOG on Wednesday October 21, 2020 @11:02AM (#24848523)

I can parallel that for you: Cash is a magnet for fraud

Banks were just recently outed for laundering 800x more cash for drug cartels than Bitcoin or any cryptocurrency system has ever done.

[ Parent | on HN ]

Re:PayPal to allow cryptocurrency buying, selling and shoppi... by edm0nd on Wednesday October 21, 2020 @01:15PM (#24849901)

And HSBC and JPMorgan got nothing but fined and slaps on the wrist.

Is it really even a punishment if you made more than the fine imposed?

[ Parent | on HN ]

Re:PayPal to allow cryptocurrency buying, selling and shoppi... by warkdarrior on Wednesday October 21, 2020 @03:36PM (#24851230)

So your argument is that it is OK to promote and launch cryptocurrencies when we know that they are huge avenues for fraud, because banks also do it. Race to the bottom, here we come!

[ Parent | on HN ]

Re:PayPal to allow cryptocurrency buying, selling and shoppi... by cma on Wednesday October 21, 2020 @02:31PM (#24850667)

Now re-do it as a percentage of cash activity and as a percentage of bitcoin activity.

[ Parent | on HN ]