I hope Libra (the new currency from FB) will set a higher bar.
I can confirm that PayPal is horrible to legitimate merchants. One would expect better fraud protection given the high fees they charge. I never expected they would simply “freeze” our funds without explanation.
Maybe. But Paypal and all the other fintech are still based on traditional banking with all its regulations and inefficiencies.
I doubt Libra, if it's ever actually launched, will escape those.
