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To: Ilaine who wrote (6174)7/23/2001 6:47:40 AM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
CB, PayPal isn't a bank unless it complies with banking law. The definition of a bank is a legal one and while there are passing similarities, PayPal is obviously not a bank. It's an email money-moving business. Customers, as with other businesses, are unsecured creditors. Deal with businesses by giving them credit at your own risk.

The epinion criticisms seem to me to be trivial. I am not in the slightest worried about them. I don't see anything wrong with having to give them a credit card or bank account reference and debit authority [the same as one gives a rental car company when borrowing a car].

Your recourse to criminal activity is the police. Fraud is illegal. Call the cops! If it's a civil case [such as misrepresentation of goods for sale, then sue the seller. Sure, that's tricky, but caveat emptor, tempus fugit, ipso facto and alpha centauri. It's tough in the fast lane. Deal only with reputable people. Maybe there's room in the internet for a reputation rating.

ReputationRating.com

What's your RR CB? Mine's a 10. Don't deal with anyone rated less than 4 for anything over $20.

I don't know of such a business. Shall we start one? I will now check reputationrating.com and will not be surprised if the thing is taken!

Well, I've now checked and all are available. It seems like a good business opportunity. It would be so much more than a credit rating.

RR [TM] ReputationRating [TM] are hereby declared to be trademarks of Mqurice. Send me some PayPal stuff = $5 for your personal rating.

Mqurice