They should be scared. They are a shitty company that steals and locks accounts for no reason. I haven't seen any attack ads personally but the one listed on that site is weak.
Hopefully Google Wallet and Apple Pay will take away their grasp on online payments and p2p transfers.
They lock accounts because they cannot be certain as to who "owns" certain money in the account due to their charge backs policies. I think this will ultimately lead to the demise of paypal because someone with a balance in their account does not truly know if they will be able to actually spend the money. It is like having a transaction be "unconfirmed" for months while having the possibility of a "double spend" against your account.Hopefully Google Wallet and Apple Pay will take away their grasp on online payments and p2p transfers.
Well crafted answer. This hits the nail on the head regarding paypal. While basically describing how the fundamentals of how bitcoin and a new business model is born.
Bitcoin does seem like it has quite a lot of potential to change the world drastically if it can take hold.
