Everyone needs to take a deep breath on this topic and relax, take a chill pill. The first implementation of cryptocurrency on PayPal was to only enable buy and hold. They are currently working on the next step, which is implementing crypto transactions to over 26 million of their merchants. This system has not yet been implemented, it takes time. Once it is, I have no doubt the 3rd step will be allowing users to transfer their cryptos. However, when you think about it, if they do allow crypto transfers, the currencies may be sent to websites/wallets offering illegal services, such as the darknet. PayPal could easily be held publically liable if the crypto is being used to purchase illicit goods - since the crypto can be easily traced back to their platform. It's a big problem. Users could be paying for child pornography with their crypto, along with all kinds of illicit items, such as drugs and other paraphernalia, and it would all be thanks to PayPal allowing the user to transfer cryptos to outsourced online wallets. With that said, I'm assuming their plan is to only allow crypto purchases through their approved 26 million merchants, which is still pretty cool. It all makes sense. And now that I think about it, I find that acceptable. I do not believe it's malpractice, PayPal is only trying to be ethical. Either it's like this, or we don't get any crypto at all, which would suck. Either way, I enjoy being able to buy and hold my cryptos and watch my money increase for my investment. And who knows, maybe in the future they can figure a way around the darknet problem. It's a process, people. Stay tuned, and thank you PayPal for adding crypto!!! God Bless
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