Yeah I actually considered doing something similar to this. The thing is you're kind of in a lose/lose situation. If paypal doesn't accept your premise, your account is frozen. If they do accept your premise than you've just created a model for anyone to duplicate. That being said. Nothing ventured, nothing gained. Good Luck
I appreciate your observations on this business model. Actually I don't think it is a lose/lose situation. If my model is duplicated, it means that it works. We could also argue that anyone can duplicate the model of MtGox, or Facebook, or... yes, they can, and they do, and they all coexist in the market. Thanks for wishing me luck (I think I'll need it 
)By the way, I've just added more coins, which will allow me to accept more people in the Hall of Fame. Happy purchases!