kinttachJun 22, 2024

I’ve been locked out of PayPal for years because of their mistake

https://lemm.ee/post/35276654

I’ve been locked out of PayPal for years because of their mistake - lemm.ee

About 3 or 4 years ago PayPal added the option to buy cryptocurrency, which I thought I’d try. (Dumb idea 🙄) Part of the sign up process was glitched. I retried and clicked submit one too many times, I guess. Now I’ve been unable to use PayPal for years. They blocked me because THEIR SITE was broken, but the web page essentially accuses me of being a criminal and asks for my bank records. No way in hell. This was just for me to pay others. I can only imagine how awful PayPal is if you are a vendor. Fuck PayPal.

Show threadMeatsOfRageJun 23, 2024
I haven’t used PayPal in over 10 years. Why don’t you just leave the service?
Show threadaccideathJun 23, 2024
Because it’s convenient for paying online (one login instead of having to search my debit card and also, if I got scammed, there’d be another layer of protection for me) and it’s convenient for sending money to friends when we order pizza together or sth like that. What’s the alternative?
Show threadCryophiliaJun 23, 2024
Venmo, Google pay, apple pay
Show threadaccideathJun 23, 2024

No one I know has venmo. Most people I know wouldn’t even know what venmo is. I’m not even sure it’s available here in Europe. I believe it actually isn’t, can’t find it on the AppStore.

And Google pay and Apple pay are nice and I personally use them but I’m not always on a device that supports them, I’m not always on shops that support them and I know a lot of people who don’t have credit/debit cards, only giro cards, and those usually aren’t supported either. And, at least in Europe, you cannot send money to friends via Apple Pay or Google pay.

Show threadshortwavesurferJun 23, 2024
Monero
Show threadaccideathJun 23, 2024
So, crypto?
Show threadshortwavesurferJun 23, 2024
Absolutely. It is absolutely the future of finance.
Show threadaccideathJun 23, 2024
I know one person who owns crypto, no shops that take it and I know of too many people who speculate with it. If it is the future of finance, that future is still fairly far away.
Show threadshortwavesurferJun 23, 2024
Well now you know two people who use crypto and I use it as money. I don’t speculate on it. I buy my groceries and pay my cell phone bill and pay my insurance with it. I recently bought a Taylor Swift album with it as well.
Show threadPasserby6497Jun 23, 2024

And how often do you end up paying more on real money due to the delay in transactions or awful gas fees for your transaction?

Crypto being a common currency is about as likely as Gary Johnson winning the presidential election. The average person is going to take up crypto as much as they use Tor. Both have their uses, but neither one will ever be mainstream.

Show threadshortwavesurferJun 23, 2024

I think that’s the fundamental disconnect. You may not see it as money, where I do, since I can buy the things I need to survive with it. And I can buy the things that I enjoy with it, which makes it money. Fees have never been a real problem. I mean, 1 US cent for a transaction is nothing

Edit: You and I would be unable to make a trade because we cannot agree on what is valuable. I do not value fiat currencies and you do not value crypto.

Show threadPasserby6497

You may not see it as money, where I do, since I can buy the things I need to survive with it.

Can you go to a random store and buy food or goods? Can you send it to your landlord for rent? No, only a small sunset of orgs take it, because everyone else understands that shit like transaction delays and inconsistent gas fees means it’s impossible to effectively run a business on monopoly money that doesn’t have a set worth.

You can consider it to have monetary value, and I do insofar as you’re playing with an unregulated security that should be taxed, but it’s not money in that you can buy an arbitrary good for sale. You’re playing with monopoly bills that someone will agree to pretend is real money, but most businesses will laugh you out of the building and tell you to come back with real money. Because crypto is just a financial asset that people give monetary worth, but it isn’t money.

Jun 23, 2024 at 2:06pmWeb