Re:Paypal has started banning accounts selling anything Bitc...
by tomasien on Wednesday February 05, 2014 @09:24AM
(#7183826)
Two things:
1. I don't see how Bitcoin being sold on Paypal is competition to Paypal. Why wouldn't Paypal love to be a place where people sell bitcoins down the road? Bitcoin is a competitor to money, not to Paypal.
2. I've talked to reps at Paypal who have told me transacting BTC using Paypal or even in apps that use Paypal but transact money in other ways is against their TOS.
1. I don't see how Bitcoin being sold on Paypal is competition to Paypal. Why wouldn't Paypal love to be a place where people sell bitcoins down the road? Bitcoin is a competitor to money, not to Paypal.
2. I've talked to reps at Paypal who have told me transacting BTC using Paypal or even in apps that use Paypal but transact money in other ways is against their TOS.