They just closed my friends account with more than $150,000.
Holy shit what the fuck PayPal?!
Only around 10% of his transactions were even Bitcoin related.
This bullshit has gone far enough.
Can we please have massive lawsuits against PayPal and perhaps put them out of business once and for all? They cannot continue to operate in this manner.
This is absolutely DISGUSTING.
why would anyone ever use paypal? its almost as bad as gox
I'm sure a lot of people used paypal before bitcoin came along. I certainly did. It's the closest thing to bitcoins for quick and *relatively* safe online transactions. But now Paypal is slowly becoming obsolete because of bitcoins, so it's not surprising they're starting to crack down. It's a direct competitor. Remember - First they ignore you, then they laugh at you, then they fight you, then you win. If you look at the financial system overall right now, it's really starting to go into the fighting phase.