Author

Topic: ebay...LOL (Read 1922 times)

hero member
Activity: 924
Merit: 1000
November 25, 2014, 06:48:31 PM
#9
Centralised ebay is too dangerous, because with the click of a mouse they can destroy businesses and peoples income.

 

I think they might be able to freeze your account if someone pays you with a stolen credit card. I have not yet considered any similar situations involving paying with bitcoin. What reason could they freeze your account for?
They can freeze any account anytime for any arbitrary reason. Thats what paypal can do as well.
eBay accounts do not hold anything of value (except for reputation). They have no way of knowing if someone pays you with a stolen credit card (unless the payment is done via paypal). They would be more likely to freeze your account if you were to receive a lot of buyer disputes at once
legendary
Activity: 1372
Merit: 1014
November 25, 2014, 06:25:19 PM
#8
Isn't it planned to merely integrate BTC into Paypal?

That of course would make the idea utterly useless, because you would still have to use evil Painpal component to use good BTC.

I am keen seeing how they do it internationally, because some countries do not permit Ebay to enforce a strict paypal-only policy (antitrust law basically)
legendary
Activity: 1330
Merit: 1000
November 25, 2014, 01:00:31 PM
#7
Centralised ebay is too dangerous, because with the click of a mouse they can destroy businesses and peoples income.

 

I think they might be able to freeze your account if someone pays you with a stolen credit card. I have not yet considered any similar situations involving paying with bitcoin. What reason could they freeze your account for?
They can freeze any account anytime for any arbitrary reason. Thats what paypal can do as well.

Ebay has gone on a spree of freezing decent sellers accounts of late, bring on open bazaar
sr. member
Activity: 266
Merit: 250
November 25, 2014, 02:07:43 AM
#6
Centralised ebay is too dangerous, because with the click of a mouse they can destroy businesses and peoples income.

 

I think they might be able to freeze your account if someone pays you with a stolen credit card. I have not yet considered any similar situations involving paying with bitcoin. What reason could they freeze your account for?
They can freeze any account anytime for any arbitrary reason. Thats what paypal can do as well.
sr. member
Activity: 318
Merit: 250
November 24, 2014, 02:36:24 PM
#5
Centralised ebay is too dangerous, because with the click of a mouse they can destroy businesses and peoples income.

 

I think they might be able to freeze your account if someone pays you with a stolen credit card. I have not yet considered any similar situations involving paying with bitcoin. What reason could they freeze your account for?
full member
Activity: 159
Merit: 100
November 24, 2014, 01:07:03 PM
#4
Ebay is letting merchants sell bitcoin now?

Don't they have AML/KYC to comply with?

Why would bitcoin not comply with any of these? If Paypal works then so can bitcoin. They'll likely just adapt paypal to be a bitcoin payment processor anyway.
legendary
Activity: 3892
Merit: 4331
November 24, 2014, 12:27:00 PM
#3
Ebay is letting merchants sell bitcoin now?

Don't they have AML/KYC to comply with?

no, they hinted that they will allow bitcoin to be used...
http://cointelegraph.com/news/112976/ebay-ceo-very-open-to-bitcoin-will-likely-follow-paypal
smashdown!!!
full member
Activity: 185
Merit: 100
November 24, 2014, 12:18:21 PM
#2
Ebay is letting merchants sell bitcoin now?

Don't they have AML/KYC to comply with?
legendary
Activity: 3892
Merit: 4331
November 24, 2014, 12:04:21 PM
#1
Quote
Due to a technical issue, some eBay customers may be having difficulty selling on the eBay website. We're working to resolve this issue and apologize for any inconvenience. Please try completing your transaction at a later time. Thank you.

yeah, right, website where you supposed to sell does not allow you to "sell"
I speculate that this has something to do with their eagerness to embrace bitcoin...no?
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