PayPal starts taking steps towards Bitcoin integration.

[Tamschi]

[QUOTE=mdeceiver79;46059082]I'm not that bit on bitcoin but isn't there something about each one growing in file size exponentially until each one is gigabytes large?[/QUOTE]

Not quite, but the file that you need to verify transactions does increase in size over time and cannot be shrunk or effectively compressed.

It's a few gigabytes afaik, most of that stemming from gambling transactions.

[Firewarrior]

[QUOTE=Tamschi;46063462]Not quite, but the file that you need to verify transactions does increase in size over time and cannot be shrunk or effectively compressed.

It's a few gigabytes afaik, most of that stemming from gambling transactions.[/QUOTE]

There are already lots of wallets that don't download the whole Blockchain, so it really isn't a problem.

[Dermock]

[QUOTE=RocketRacer;46059135]Wait what's the hate for PayPal?[/QUOTE]

personally I don't like it because the exchange rate from USD to CAD is really unfavorable and makes dragon dildos even more expensive

[Untouch]

double the insecurity triple the fun

i used to pay for steam games with prepaid cards via paypal, steam wouldn't always accept my cards but putting them in paypal worked
i wanted to add my real credit card to paypal, but I'm not putting my bank info in paypal (already know someone who was hijacked) so I had to remove the old cards

removing the old cards flagged my account and my credit card, so now I can't even pay for anything using paypal with my credit card
paypal is bullshit and terribly managed

[Electrocuter]

And they still don't take PaySafe cards.

Fucks sake.

[Kljunas]

[QUOTE=RocketRacer;46059135]Wait what's the hate for PayPal?[/QUOTE]

Paypal works well for buying stuff but it's absolutely terrible when it comes to selling stuff.

[Geel]

[QUOTE=RocketRacer;46059135]Wait what's the hate for PayPal?[/QUOTE]

Let me fucking tell you!

I'm a merchant on PayPal and do over $800,000 in annual sales through them.

They are awful.

Firstly, they provide essentially no merchant protection against fraud. If a user buys something from you, they can claim that they didn't authorize the transaction, and PayPal will reverse the transaction, leaving the merchant SOL. There is nothing a virtual goods merchant can do against this. It essentially requires that we implement antifraud on our own websites, which we should do anyways, but we have neither the resources nor ability to combat a reasonable amount of fraud.

Secondly, they are known for their shitty business practices. They can and do for any reason confiscate someone's entire paypal account for "suspicious activity." This happened to fucking Notch. The only reason he got his account back is because everyone started bitching at PayPal.

They are the worst to deal with. Ever.

[soccerskyman]

That bubble is gonna pop any second now just you wait!