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A comment on Blockchain is not only crappy technology but a bad vision for the future. Parent comment

Re:Blockchain is not only crappy technology but a bad vision... by pornel on Tuesday January 18, 2022 @08:56AM (#29979103)
You may not be realizing that PayPal's primary business is fraud detection and dispute resolution, not merely moving money. PayPal is layer above money transfers, providing insurance and reversibility of transactions that cryptocurrencies themselves don't have, and most don't want to have.
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Re:Blockchain is not only crappy technology but a bad vision... by CryptoPunk on Tuesday January 18, 2022 @09:31AM (#29979644)
PayPal is the closest thing to the cryptocurrency experience in traditional banking. The layer below it - banks and wire transfers - is even more susceptible to financial censorship.
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