Oddbean new post about | logout
 Haven't you heard? It's a honeypot and nobody should use it because they require an email!

XD 
 👆🏻👆🏻 
 Who cares? The interesting thing about the article is that they hold a portion of their reserves in #bitcoin because PayPal tried to screw them.  
 I think it’s actually great! They are a big and well respected service and a noncustodial wallet integrated with email is a really cool direction. Makes me seriously think I might switch to them for a handful of other services that I’ve used competitors for.

I do agree that then adding it to reserves is an even bigger deal, but it’s all a huge signal to their customers and will be built around making it super simple for people. This could be a really great onboarding option for new people who want easy integration and setup. 
 I didn't even think of easy wallet setups. I should have my wife test this theory. She's only sent like 5 transactions in ten years.