[SecurityMatters]

I have never understood why most people even created PayPal accounts. A PayPal like system that worked well would be very convenient. But, when I go try to create an account, I always get stopped by the Terms of Service. How could anyone think that is reasonable? Why should I waive my cardholder rights for an associated credit card? If you walked into a store and they asked you to waive your rights under your cardholder agreement in order to use a credit card, would you do it? And, then you read about the dispute resolution process. It is clear that if you ever get any money out of the system, you should just consider yourself lucky. I'd say that if you think of money in the system as play money and don't care about any associated bank account or credit card, then PayPal would be OK. Otherwise, it is not reasonable. I conclude that most people don't read the agreement, and just hope.