PayPal logo

PayPal: A Pain in the Arse


Urgh. I hate PayPal. Long-time readers will tell you as much. Every time I try to withdraw money from it, I invariably do something wrong. Today, I was trying to withdraw money from my personal PayPal account to my bank account. What I did instead was send money from my bank account to my business account, through PayPal (instead of withdrawing to my bank account, for which I need to use the bank's Website). It's not a total loss. I can always send it back to my personal account and withdraw it again, via the bank. However, I can only do that after waiting three working days. That's not all, though: PayPal will charge me service handling fees for doing so, effectively wasting a few bucks and some of my time (about as much as it takes to read this paragraph).

This is an area of financial activity that would be so much easier if I could just do the whole thing, from start to finish, in crypto (particularly BCH or XNO), from Band Camp straight to my wallet, without involving PayPal and its confusing/cumbersome interface (not to mention high fees). This is exactly one of the kind of use cases crypto was meant to solve, right? If only Audius and the various other Web 3 music hosting platforms (like Bitsong) worked properly, I might not have this problem ... Le sigh!

PayPal logo in red

Every time I use PayPal (which isn't often, probably why I keep making the same mistake), I see red.

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Great White Snark
Great White Snark

I'm currently seeking fixed employment as a S/W & Web developer (C# & ASP .NET MVC, PHP 8+, Python 3), hoping to stash the farmed fiat and go full Crypto, quit the 07:30-18:00 grind. Unsigned music producer; snarky; white; balding; smashes Patriarchy.


Cryptographic Anarchy: (Mis)Adventures in Crypto
Cryptographic Anarchy: (Mis)Adventures in Crypto

The content of this blog is exclusively to do with online privacy/security, cryptography and cryptocurrency: Understanding it, investing in it, mining it (in groups/crowds), developing/programming it, the social problems it aims to solve and the various ways to make more of it (or not, as various losses and failures happen). Let's get away from banksters, Capitalists and fiat, to an unbanked anarcho-syndicalist commune. || Banner image: Blogger's own.

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