Seriously? Going up against Pay-Pal?

unbanked is better

The ebay+pay pal combination should be considered usury.. paypal by itself is borderline usury.

It is a bit different and seems you can do more with this than with Paypal, such as managing your bank account, paying your bills, paying at physical establishments and of course paying others.

They'll be acquired soon.

Danilo,

Aren't those services already provided by most banks? I do all my banking on-line. Can't even remember the last time I was in a bank lobby.

So now Alpha66, son of Ayan Rand, is against a new startup company “i.e. a small business” taking on the giant PayPal/eBay.

I thought you conservatives and libertarians were all for free market capitalism and individual rugged entrepreneurship.

Or are you dumping your "principles" afraid your eBay stock will go down?

Seriously? Going up against Pay-Pal?

If Steve Jobs or Bill Gates and others in Silicon Valley had that attitude “Seriously? Going up against "IBM-Big Blue?” who knows were technology would be today!

continued:

“Young Steve Jobs Gives IBM the Finger”

“In memoriam for Steve Jobs as 2011 draws to a close, here’s one more rare photo that illustrates his rebellious spirit. In December 1983, a few weeks before the Mac launch, we made a quick trip to New York City to meet with Newsweek, who was considering doing a cover story on the Mac. The photo was taken spontaneously as we walked around Manhattan by Jean Pigozzi, a wild French jet setter who was hanging out with us at the time. Somehow I ended up with a copy of it. My editor begged me to include it in my book, but I was too timid to ask for permission, especially since IBM was still making CPUs for Apple at the time.”

osxdaily.com/2011/12/30/young-steve-jobs-gives-ibm-the-finger/

A good read:

“Revolution in The Valley: The Insanely Great Story of How the Mac Was Made”



PS

I am, neither a fan of Steve Jobs or the Apple company for the record!

Josean has no grasp on what is free market capitalism or how it works.

He just reads what he wants to read no matter what is written down in front of him.

Written by: anthonyC, 12 Aug 2012 11:05 AM

From: United States

Josean has no grasp on what is free market capitalism or how it works.

He just reads what he wants to read no matter what is written down in front of him.


Again:

That wouldn't be a little projection, would it Alpha66?

I tried to open a PayPal account only to find out that living in the D.R. I would have to have a U.S. bank account to take any money out of the account. It seems PayPal doesn't trust Dominican banks. It also seems to me to be somewhat discriminatory. I am not from the U.S. so see no reason why I should be obligated to open a U.S. bank account and doubt if I would be able to in any case. The same applies, I would think, to most Dominican nationals who do not have the ability to go to the U.S.!

@Adrian29630

Even if you did make it to the U.S. on a visa, most banks would not open a bank account for you because of the scrutiny of the patriot act. Some of the larger banks will take your embassy's ID, but most banks would not even deal with you.

Trust me, you do NOT want to go to the U.S. Also, boycott the US private federal reserve. Remain outside the fractionalized criminal banking system or you will become victimized

This is why other payment systems are booming, Paypal does not send payments to non-first world countries.

Millions of US non-Citizens have active bank accounts in the USA.
If you have a problem it is because of you not the system.

As for Pay-Pal not trusting Dominican Banks.........Can you blame them?
Even though I know many Dominicans who have opened a Pay-Pal account without any problem. That is because they probably link it with an offshore account.

You mean PayPal dosen't trust the PLD run banking system?

No, Paypal doesn't trust any third-world country... even India is not trusted, but then again they shouldn't be, the only thing they know how to produce is BS (I used to outsource projects to them til I got sick of the BS)