Comment Re:Easy! Fraud.. (Score 5, Insightful) 96
Eh, PayPal was among the first revolutionary online-payment services that enabled the rapid expansion of e-commerce. What you know now as the "evil PayPal" is what happened after Ebay bought it.
I still can't believe it is legal, in so many ways. I mean, I don't think anybody could argue ebay is not a monopoly in the online auction space, and yet they are allowed to only permit their own payment service (so they take a percentage on top of their commission).
Then, they hold your money like a bank account and even extend credit, and yet, unlike banks, they can freeze your money with no explanation.
The PayPal situation boggles the mind, but it is not related to Musk's X.com/PayPal.