A bit disappointed about it honestly, but it's too far from a scam to be considered a scam. For instance, there's the fact that you can still convert it to dollars which you can then withdraw. And the fact that coinbase doesn't make you own the keys too yet became one of if not the biggest crypto app in the west says a lot about the paypal bitcoin feature. There's the things to get around.
In my opinion, Paypal isn't scam but they provided very worst service.they close accounts for simple reason even without reason. Those 3 points you mentioned, i can't disagree with you but you should understand that, they have some limitation too!! It isn't possible for any platform to enable all features of crypto so soon while they just adpot it! So should wait more for their nex annonucment about those facts
Exactly. They value privacy so much thinking it will help fend the hackers off yet still experience yearly cases of hacking anyway. The feature is still in its infancy and would include features that would improve thebquality of buyimg bitcoin in the website.