My PayPal account is a old as you can get, I started 22 years ago when they were still x.com.
X.com was an online bank co-founded by Elon Musk, Harris Fricker, Christopher Payne, and Ed Ho in March 1999. In March 2000, X.com merged with Confinity Inc., a software company based in Silicon Valley. Musk was attracted to Confinity because of its easy payment system. The merged company changed its name to PayPal. eBay bought PayPal for US$1.5 billion in 2002. In July 2015, PayPal was spun off and became an independent company.
Today, after watching this video I close my PayPal account. As was stated in the video, this is why we need crypto, so that companies like PayPal can’t just hold your money or shut you down because they don’t like what you are doing. When I close the account I got this message:
Closing you account is final and both your account history and reputation number will be lost.
Okay, fine, thanks… Here is my message to whomever:
I had PP sense 1999 when it was x.com and I am now done. Thanks to Bitcoin I no longer need to deal with a third party that can shut me down if they don’t like how I spend my money.