PayPal freezes MailPile's account

[Kyle Maxwell]

Fortunately it looks like they have another $90k from non-Paypal
sources or at least already transferred, so they're not dead yet.
("I'm feeling much better, I'd like to go for a walk!")

On Thu, Sep 5, 2013 at 10:53 AM, Yosem Companys <companys at stanford.edu> wrote:
> Yes, but they could have used WePay, Stripe, or some other alternative.
> Remember Diaspora?  $80K in donations frozen by PayPal.  Once you get your
> account unfrozen, as Diaspora learned, your momentum stops.  So it's
> doubtful that they'll make over $45K now, without another appeal.
>
>
> On Thu, Sep 5, 2013 at 5:19 AM, CypherPunk <cypherpunk at cpunk.us> wrote:
>>
>> On 09/05/2013 07:06 AM, Dan Staples wrote:
>> > Why did they use Paypal? Probably because they are aspiring to gain
>> > popular attention and support, and most people don't use Bitcoin; they
>> > use Paypal and credit cards for online transactions.
>> >
>> > Of course Paypal is a liability in terms of privacy and the risks of
>> > them doing something just like what they did, but if MailPile hadn't
>> > gone with Paypal, it's likely they wouldn't have gotten the amount of
>> > funding that was donated so far. It's always a tradeoff of risk,
>> > especially when you're aiming to go mainstream.
>>
>> Oh I completely understand why they used Paypal. Like you said, not
>> enough people use Bitcoin to really make a successful go of a Bitcoin
>> based fundraising campaign. I'm just saying I'd like to see Indigogo
>> offer Bitcoin as an option. I'm sure a lot of people would use it and it
>> would also be a good way to get people interested in Bitcoin.
>>
>>
>>
>



-- 
@kylemaxwell