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by wurst_case
2572 days ago
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The reason PayPal is ignored by most people is two reasons. 1. In its current form, it has less resemblance to what he wanted to do with it (its a better product because of this fact) and 2. He famously found the biggest hurdles for humanity and their solutions after selling PayPal and becoming a multi millionaire with nothing but time to spend it. Originally he wanted to put a mini greenhouse on mars as a media stunt. |
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You forgot the most important one.
3) PayPal is a huge PR nightmare, a pseudo-bank that sits between legal boundaries whenever it needs to in order to maximize profit, screwing over thousands of folks -- many of them with small businesses that foolishly relied on them as a service. A successful service that everyone uses, and most people hate -- the customers are swept in by me-tooisms and forced participation.
If I were Musk, or I was a Musk evangelist , i'd stay far away from that 'accomplishment', as well.
He's not responsible for the entirety of the beast, but afaik he IS responsible for the viral aspects of their customer recruitment -- a method I feel is unethical from a monopolistic standpoint for a banking entity to participate in.