@robertcarlyle: Interesting question. I wasn’t around in 2010, but looking back, I get why PayPal might’ve felt like a shortcut – familiar, fast, done. But yeah, the reversibility kills it. Imagine sending BTC and then getting PayPal’d in reverse? Brutal. I wonder though: did anyone really go through with huge buys like that via PayPal back then – or was it more of a “try and see what explodes” phase?
I was told that some people used PayPal for bitcoin transaction in the past. Even when I know about bitcoin, I have seen people that include PayPal as part of their pay on P2P exchanges while the exchange will warn people of possible reversal of PayPal transactions. Maybe people are not using it because if that and the exchanges removed it. It was good how they remove it because easy transaction reversal is not something good.