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 was used as a means of buying Bitcoin for so many reasons especially because of the security of the software since scamming people of their Bitcoins were the other of the day. Personally, I even thought it was an exchange because of how people I know used PayPal to purchase Bitcoin as of then. Thankfully, a lot of secured exchanges are now in circulation globally which is why the use of PayPal for Bitcoin transactions have significantly reduced.