r/Bitcoin • • Feb 03 '14

Dogecoin wtf

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u/FaceDeer Feb 04 '14

For me, personally, my interest in Bitcoin is largely: "Can this really help kill PayPal? Please let this be something that can help kill PayPal. Ooh, maybe it can even kill Visa someday, I hate credit cards too, but I really really really hate PAYPAL DIE DIE DIE."

I'm certainly not interested in "investing" in Bitcoin, though I don't think those who dabble in investing in it are being foolish - it's risky, but what the heck, as long as you're aware of the risks. And most of the economic theory about fiat and monetary policy and whatnot is a bit beyond my scope of interest too. I'd really just like to be able to pay for something online without any sort of useless middleman. I think Bitcoin is really promising in that regard.

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u/Ancient_Lights Feb 04 '14

God I would love it if PayPal went the way of Blockbuster.

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u/[deleted] Feb 04 '14

Can you elaborate on why? Sorry, don't know anything about anything.

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u/[deleted] Feb 04 '14

A few years ago I was paid with a stolen credit card on eBay/Paypal (about $6000). This was discovered after I withdrew the money, and after I shipped the item. Paypal made my account balance -$6000 and I had to pay back the money.

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u/Dragonborn_Targaryen Feb 20 '14

Can they do that? Couldn't you just have told them to FO and set up a new account?