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About 3 or 4 years ago PayPal added the option to buy cryptocurrency, which I thought I’d try. (Dumb idea 🙄)

Part of the sign up process was glitched. I retried and clicked submit one too many times, I guess. Now I’ve been unable to use PayPal for years. They blocked me because THEIR SITE was broken, but the web page essentially accuses me of being a criminal and asks for my bank records. No way in hell.

This was just for me to pay others. I can only imagine how awful PayPal is if you are a vendor.

Fuck PayPal.

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[-] MeatsOfRage@lemmy.world 34 points 5 months ago

I haven't used PayPal in over 10 years. Why don't you just leave the service?

[-] accideath@lemmy.world 14 points 5 months ago

Because it’s convenient for paying online (one login instead of having to search my debit card and also, if I got scammed, there’d be another layer of protection for me) and it’s convenient for sending money to friends when we order pizza together or sth like that. What’s the alternative?

[-] robigan@lemmy.world 2 points 5 months ago
[-] accideath@lemmy.world 15 points 5 months ago

Really? Crypto? For one, I know almost no online shop that takes crypto, almost no person I’d send money to has crypto and I don’t want to own crypto either since it’s rather unstable…

[-] robigan@lemmy.world 2 points 5 months ago* (last edited 5 months ago)

Sounds like an addoption problem for you. The question asked what other alternative there is and cryptocurrencies solve the problem you stated there is no alternative to. Simple as that

[-] accideath@lemmy.world 3 points 5 months ago

They don’t. They could maybe. But I want an easy solution to transfer money to people and pay online. Crypto is not that solution because I cannot pay with it in most online shops and I cannot send money directly to other people. The money has to be exchanged to some arbitrary other currency.

Unless everybody used crypto as their main currency and everybody used the same cryptocurrency at that, it’ll always be an extra step, subject to fluctuations in exchange rate and possibly fees/taxes. As long as that’s not the case, it’s not an alternative. So yes, it’s an adoption problem but one that isn’t realistically solvable any time soon

[-] explodicle@sh.itjust.works 1 points 5 months ago

This doesn't solve the adoption issue, but you can use "stable coins" like DAI that are pegged to the dollar.

[-] sznowicki@lemmy.world 1 points 5 months ago

Ever heard about chargeback? Credit card is supreme in terms of protection against scams.

this post was submitted on 22 Jun 2024
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