Lets make this a thing of the past. No company or government should have the ability or right to cut you off from your livelihood. nostr:note1lkxut7t8c44a9h05gsmqet7x4q3vu4050elf0q0hjy9m59se5l9qnsjr2g
Discussion
This ☝️
#ProtocolsNotCompanies
I deleted PayPal and Venmo preemptively and have trying to get everyone on Lightning!
Still amazed at how few of my young friends know what Lightning is
It has been a meme since 2018 I think.
Even like a year ago I remember the devs saying that using it was risky and you could lose your money.
I guess lightning is not a meme anymore.
On freaking time.
I wish that bitcoin billionaires wasent stupid greedy. And it would have been done years ago. The rich want everything for free. They are far worse than the poor.
Been banned from PayPal and have a -$500 balance they will never get from me because they are always on the scammers side.
Really hate PayPal
Musk is going to end Paypal
This is fucked up. Glad I closed mine earlier this year.
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Fuck Peter Thiel, Elon Musk, Keith Rabois, David Sacks, Reid Hoffman, Scott Banister, Roelof Botha, Dave McClure, Luke Nosek, and all those fiat statist cucks.
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Same thing happened to a new startup company I ran over 12 years ago. PayPal froze two+ months of revenue. No reason given. Can’t remember if we got it back.. but it was very hard at the time.
PayPal won’t change. I’ve never used them again for custodial and avoided all transactions where possible.
To this day I don’t understand how they get away without being a bank, with all other associated regulations. They have less heat than Bitcoin. Certainly corruption at play here… no other way.
That’s sucks bro. I agree with though!
-Followed 🫡⚡️
They are one of the worst actors in the space. In addition to having a personal account suspended and the funds held for 6 months without explanation, I have a PayPal account for a SaaS business and even with nearly 1 year of processing history (and several years with Braintree, same company) they still hold the majority of customer payments for 21 days before releasing them.
For the first time last month, they “approved” an instant limit increase from $100 to $300 a month and those numbers are not a joke…
It’s crazy. PayPal and Western Union should perish by 2030.
I have a friend who uses them for a subscription business. And he fears the day they freeze him for no reason.
You can get PayPal loans based on a % of active subscriptions value. Like a payday loan. No doubt zero regulation somehow again - they know moving your customers subscriptions to any other method will be extremely painful. They have full power.
Absolutely. Though moving from any credit card processor is a nightmare. Had to do it once and the process is so archaic. Requires a lot of manual intervention from both processors and needs to be properly scheduled with several teams.
I held off integrating PayPal for a few years, but ultimately it was the most requested checkout method. I saw an increase in customers basically the day I added it. Unfortunate reality.
Yep. That’s my friends challenge. Customers are less eager to pay via Bitcoin, or he would swap.
That and easy/simple Bitcoin subscriptions don’t really exist yet. Maybe lightning bolt 12 helps to solve that.
I’ve accepted bitcoin as a payment method since the beginning (just because I’m a fanboy) and I generally see <10 use it per month. I do get particularly excited when someone pays over lightning though!
good for you!
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No company or government should interrupt our freedom to transact
I wish Twitter had just banned me.
Twitter also don't tell people why they are shadow-banned.
I see a pattern.
They know you’re a bitcoiner
You offended them. Wear it like a badge of honor.
I closed my account last year when they changed their Ts and Cs.
