Post
Topic
Board Bitcoin Discussion
Re: Bad reputation
by
avikz
on 09/04/2025, 12:21:17 UTC
Was PayPal ever a good option in the early days of exchanges in order to buy bitcoin? If someone wanted to buy a ton of bitcoin in early 2010, would PayPal have been the way to go to buy more than 1000 usd worth of bitcoin? Why did PayPal get a bad reputation then?

Paypal is good for dollars transactions but the only risk is their chargeback facility. It was implemented for a good reason but it has created a fair amount of controversies as well.

I never considered paypal as a good payment method of buy anything related to crypto. It was only good for some ecommerce transactions where I can be assured about the safety of my money but at the same time, the seller is unsure if I put a chargeback request or not.

With this facility, I believe Paypal is good for some and risky for some.