Apparently paypal is doing crypto.
Why would you do that, it's like having a crypto wallet at your bank, it's useless.
@jae I don’t know if they let you send crypto to arbitrary addresses, but if you can it wouldn’t be a terrible place to on-ramp fiat to crypto
@robby the only problem is: paypal has access to your secret keys and can do everything they want with your crypto (and even 'freeze' your wallet) which kinda defeats the purpose of crypto in the first place.
@jae This is the case with every crypto exchange (minus the few P2P exchanges like Bisq, which is generally crypto -> crypto). The only way to on-ramp into crypto without such a vulnerability is by mining, which usually takes a huge investment to be worthwhile.
@jae Also crypto ATMs, which are still few and far between.
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