Paypal "protection"--From their SEC filing: Does this scare you. We could incur substantial
losses from employee fraud and, as a result, our business would suffer. The large volume of payments that we handle for our customers makes us vulnerable to employee fraud or other internal security breaches. We cannot assure you that our internal security systems will prevent material losses from employee fraud. Remember these employees their talking about have all your credit card and banking information. Also don't forget your Social Security Number.
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PayPal has recently made several important changes to our User Agreement and Privacy Policy. Please read the new User Agreement and Privacy Policy, because they contain important information about your PayPal account, your rights as a PayPal user, and the ways in which PayPal will use your personal information. (etc etc)
Peter Thiels words,
"With a PayPal account, anyone on the Net can transfer value with greater anonymity than they could with a Swiss bank account. Hard to tax. Harder to regulate. Nearly impossible to control." Is Ebay in the money laundering business?? Advertisments are not allowed, they will be deleted.Posting privileges will also be suspended.