related posts
299 sats \ 1 reply \ @cointastical 13 Oct 2022
I went to cancel to see if I could snag the $15 (even though I wasn't actually planning on canceling), but I was not presented with any offer. My balance has been $0 for over a year so maybe they have some conditions that need to be met and only then they try with the $15 offer to retain those wanting to cancel.
Anyway, ... I then changed my mind. F* PayPal. I'm now PayPal free!! I had that account for 22 years -- ever since receiving my free $10 (?) from Elon (when I signed up on X.com, which was the brand before PayPal merged with them).
reply
42 sats \ 0 replies \ @kilianbuhn 13 Oct 2022
I hate how Paypal always selects buy-now-pay-later as a default option with insane interest rates. It's a real darkpattern, how can that even be legal???
Anyway, I use Lightning if possible and Amex if Fiat is necessary now. No such bullshit in Bitcoin and at least Amex is open & honest when I pay off the whole month interest free or not. Fuck Paypal, these 😡😡
reply
196 sats \ 1 reply \ @02f8459cbd 13 Oct 2022 freebie
Perfect opportunity to twist the knife and offer friends and family 15 bucks in BTC if they close their accounts
reply
545 sats \ 0 replies \ @nullama 14 Oct 2022
80k sats ⚡
Sounds much nicer
reply
106 sats \ 2 replies \ @DeezSats 13 Oct 2022
Venmo (PayPal) was like the digital cash equivalent for lots of street vendors and small businesses. The IRS' brilliant move to require venmo to divulge your income to them starting this year is going to dry up that space like a prune.
reply
1 sat \ 1 reply \ @orthzar 13 Oct 2022
That rule will undoubtedly increase usage of cryptocurrencies. But I think the rule could be applied to cryptocurrencies that are controlled by a company (e.g. Ethereum). The IRS could force such companies to add KYC forms to their software. Moreover, the IRS could demand that custodial wallets add KYC forms to their software. So, broader application of that IRS rule could ruin a lot of altcoins and reduce the usage of custodial wallets.
Bullish.
reply
100 sats \ 0 replies \ @DeezSats 14 Oct 2022
Yeah, Strike and Cash app are in the same boat as Venmo. Vendors and small businesses that want to let their customers pay digitally and want to operate like cash, have to leave the surveillance dollar system behind. Would be nice to see that cause an uptake in self hosted and no-govcoin hosted wallets. Not sure if this is the catalyst but it's definitely a milestone.
reply
11 sats \ 1 reply \ @pi 13 Oct 2022
I have wanted to cancel my PayPal account for so long. The only thing that keeps me there is that some of the organisations I donate to, only accept Paypal donations.
Let's see if I can get them to accept bitcoins instead. 🙂
reply
332 sats \ 0 replies \ @pi 14 Oct 2022
I've been on Paypal for... I cannot even remember!
I'm officially off now. LOL. 😅
reply
11 sats \ 0 replies \ @ek 13 Oct 2022
Lmao, this will maybe make more people cancel their accounts since they want to see if they get $15. If not, they may as well continue since they already started to cancel their account.
reply
7 sats \ 0 replies \ @nerd2ninja 13 Oct 2022
"because we want to keep you and I want you to stay with our PayPal Family"
Any family member of mine that would steal $2500 from me, would be estranged.
reply
1 sat \ 2 replies \ @BlokchainB 13 Oct 2022
This sucks I recent found a hack using PayPal and fold card where I could pay my mortgage and credit card bills and get sats back. Other than that I hardly if ever used PayPal. Should I over come my sat greed and delete PayPal or just use it to pay bills and get Sats back
reply
5 sats \ 1 reply \ @DeezSats 14 Oct 2022
Notice how to pay those things you have to ID yourself. We are getting to a point in clown world where businesses care more about being able to positively ID you than to receive your money.
reply
0 sats \ 0 replies \ @BlokchainB 14 Oct 2022
Gotta stop that money laundering. Meanwhile the cartels still functioning with no issues
reply
1 sat \ 0 replies \ @gms 13 Oct 2022
They give me 5 dollars every few months, because I hardly use PayPal.
reply
1 sat \ 0 replies \ @bitcointerest 13 Oct 2022
I laughed so hard when I saw they're offering people PayPal vouchers. Sounds like they have their very own shitcoin.
reply
1 sat \ 0 replies \ @linesgone 13 Oct 2022
lol
reply
1 sat \ 0 replies \ @0322ee777777 13 Oct 2022
I mean whats 15 $ to them really
reply
1 sat \ 0 replies \ @SodaPop 13 Oct 2022
XD I’m sorry they started well adopting Bitcoin support but new policies can cancel accounts. Finally it’s a centralized service.
reply
0 sats \ 0 replies \ @TheBTCManual 14 Oct 2022
Lol if you can bag the 80k sats before you close your account why not? Might be a little less since paypal love to nail their users on fees
reply