I stopped using Paypal a few years ago. But I had to through it to cancel any subs and recurring payments very carefully. I never had them freeze my account/money but I had friends that happened to related to Ebay transactions. Those instances soured me on selling on Ebay as well.
Having that much money as a paypal balance and not at least in a bank account or invested is insane
Especially since PayPal has a history of locking people’s accounts.
Back in the day, people used PayPal for e-commerce and if they didn’t like you, say you sold “Fuck PayPal stickers”, they would absolutely freeze your account with all the money in it.
Back when I was doing art for money (not adult or furry stuff, sorry) I had years of racing to the computer or in some cases, the ATM, to transfer new payments out of Paypal.
Because they make decisions on behalf of linked providers, like ebay. If you have ebay fees due, you don’t get flexibility when you can pay it, Paypal just grabs it the next time it sees money come in. They do this with all kinds of fees and payments, if you have a delicate life like say… being a struggling artist, you are gonna get reamed by paypal and associated predatory companies. Not that there’s a lot of choice.
Idk how much of that you’d wanna invest in stocks…soo risky and soo long to see any noticeable returns at all…
I micro-invest in companies I am familiar in working with at my job. Mostly bio-tech/healtcare/pharm. I have a 403B that is invested in index funds and bonds that is more serious savings. The Robinhood account is more like… a shoe closet. I buy the shoes I like and rarely sell them unless they, well give me a bad experience in real life (looking at your Reddit, Amazon, and Meta). After Trump was elected… I expanded my horizons to European ETFs and Chinese car companies.
Ok and how much money did u initially start with and how much money have u made since u started
Invest in whole market ETFs instead of individual stocks. Much less risky. Still risky, but not stupid risky.
🫴 💲 ?
You draw lesbian furries how fucking embarrassing
Oh yeah, well!
Mo money mo problems. So you have negative problems which has to be nice
Just make a deposit. It says so on the screen
/s
I take it back
Do what you love and you’ll never work a day in your life.
'Cause no one will hire you.
I like to sit on the couch and vegetate, would this help ?
You should sell plasma
Wow wow. The saying is “you’ll never work a day in your life,” not that you’ll be financially stable.
Do what you love and you’ll never work a day in your life.
Story time: I have a side business selling web optimization services. UX, AB testing, etc.
I got busy and didn’t take my money immediately after completing a few projects and one of my clients complained to Paypal about my service. My account was immediately locked and it took me at least 3 months to get access back to my account.
They basically had 15k of my money, interest free for them to play with even tho the contested amount was $500. I ended up just eating the 500 just to get access to my account, even tho the client is still using the improvements I made to their site.
So ya, fuck Paypal. Fffuuuucccckkk PayPal.
Not defending PayPal, but I used to work there. They suck but in my experience you woulda lost the 500 of the person had called their card company too. Idk how the bank would have handled the dispute directly without PayPal but they do love holding funds as well
They froze my entire account for 500usd. The rest of the 14500 was from other happy customers.
I use a regular bank for credit card services now and when there is something contested, it’s only for the charged amount that is held. Not my entire account.
If someone disputes $500 with your bank, your bank doesn’t hold your whole $15,000 account while sorting it.
I can only speak for Europe, but your bank won’t do shit, even if you claim that you accidentally sent the money to the wrong person, all they do is connect you to the account owner so you can ask them to return the money and if they don’t you have to go through court.
Unless you say the magical words “unauthorized transaction”
For card payments reversal is easy, for bank transfer, a lot harder
you can do chargebacks in the UK if you can convince your bank manager you were stiffed
Also credit cards are easier to do this with, it’s part of the service
That’s why I love crypto. No reversals, no bs
Or just use bank transfer. It’s the same as paying in cash. Do Americans still have to use third parties to send money?
I think it depends on what services your bank offers. My bank offers Zelle transactions rather than handing out your checking account number.
It’s better, lot less reversals, but you don’t get the anonymity benefit from it and transfers outside your own country get really expensive
Most of our banks have Zelle, which lets us send money from one bank account directly to another. You can to use the associated email address, phone number, or name. I think it shows you the name on the account? I’m honestly not positive as I so rarely use it. But even then you could create a business account. But not many people use it. Most people prefer Paypal, CashApp, or Venmo.
Sounds like PayID in Australia. I find it pretty good and it’s starting to get more popular. And yeah with ours you can just set up a new email and link it to an account, then it’ll let you choose if you want it to show John Smith or just J Smith when someone sends you money. You can also use a phone number or an ABN (Australian business number).
PayPal is still more popular overall, but I prefer payid for the instant access to the money so I’m glad it’s gaining momentum. Nothing but PayPal ever took off over here.
I’m glad to have e-transfers for these transactions in Canada.
I used PayPal for their credit card service.
Well you’re gonna love GNU-Taler
soon ™
That’s a bit weird, but hey, why not
I prefer the good old Monero :) - but PoW is a bit sad
Most small and medium businesses don’t have crypto. They use corporate P cards. So a business would call me if they launched something and the site tanked in sales. 2500 on their corporate card and their problem is fixed.
There is still a stigma for crypto.
Yea it’s mainly for people to people transaction, not really suit for company payments. It’s a lot harder to fill taxes and stuff with it
Paypal is not a bank account. This is dangerous.
Do NOT leave that amount of cash on your PayPal if you draw porn, they might shut down your account and you can lose it with zero recourse.
Correction: Regardless of what you do.
Maybe that’s just from that day.
You guys. This is a meme. There’s no reference to any real people. I think the person youre imagining is going to be ok.
I took it as more of a PSA
Did you reply to the wrong comment?
Yeah. Thinkst Canary started their business without investors or anyone that would tell them to not use PayPal. Their product was a fucking hit and since that happened they were getting a lot of cash in their paypal account. The ceo was on Risky Business and said that years after PayPal closed their account, they were still out the few hundred thousand dollars that were in the account. Do not use PayPal, and if you must transfer whatever money you get to a traditional bank account asap.
I came here to say the same thing. Very risky.
Close call
Yeah, this is a flex of naivete re PayPal, more than anything, lol
I’m not amazed that people like that – I also do sometimes – but I am amazed that people pay for that
Furry-ness is correlated to hyper specific niche interests is correlated to high paying tech jobs.
Businesses that help people get off are rarely short of customers.
No it actually isn’t, but you do do my friend
Correlation is not causation, friend. Okay, I admit I had to jump at the chance to use that in the opposite direction as normal.
In any group of furries, tech workers are incredibly overrepresented. Furries are a tiny amount of tech workers, to be sure.
I don’t know, I work in tech and the first furry I met was a coworker. He has a point
I know three furries, and they all work in IT or programming.
What does furry got to do with programming jobs anyways ? Not that I met any here
You almost certainly have, not all of them advertise it at work
Holy fuck why would you keep that much in your paypal account jfc that’s risky
FR. For anybody that doesn’t know Paypal’s customer support is abysmal and they can freeze your account for petty reasons without warning. There are many cases of people fighting with Paypal for months before being able to cash out, you should never use it to hold money.
They’re making interest of those funds just setting around. Of course they don’t want to help you move the funds away from them.
yeah, the only valid reason is if you receive $98k at once through paypal
Probs shouldnt be doing that either lol
When you have a lot of transactions, you offload them on a schedule, not every transaction.
You keep almost 100k on PayPal how fucking embarrassing
That was just the latest transaction
It says “balance” right there
I bet you only have one account
Yeah, because having two will get you banned do you ever read the terms and conditions or are you just raw dogging life?
Well where do you keep your change
Wish I could draw lesbian furries 🥹
i wish i could draw lesbian stick figures
Draw an XX but with the X’s crossing. Lesbian stick figure scissoring!
I wish I had 100k.
Everyone can draw that. The money is in drawing really well.
Dude if I could draw I would only draw commissioned furry porn. So Much Money!
Brandt said he enjoyed being a meme, and he did frequently use the catchphrase, although he did say that his high school English teacher would not have approved of his usage of “ain’t”.[6][20]
Teach needs to get with the times. Ain’t is a valid word. It’s even in the dictionary.
It’s a common and well-understood word, you’re completely correct, and really any word is a valid word, although it’s pretty clear the teacher was trying to teach formal English habits (which unfortunately can be useful to know) and it ain’t that.
People who brag about money never really coming out looking the best…
The furry artist was responding to someone saying his “hobby” was embarrassing. He posted the balance to show that his “hobby” is actually a very profitable business.
It’s a brag, but a provoked one.
Thank you, Captain obvious
Edit: what gets downvoted is sometimes downright pitiful
Except that something being profitable doesn’t make it any more or less embarrasing. e.g. Landlords make lots of money yet we all hate them.
Sure, but landlords make their money unethically. Drawing lesbian furries is honest work
We need that “it ain’t much” farmer guy surrounded by flurries.
You’re missing the forest for the trees, but ok.
Lemmy often HATES when people make a correct statement that they’d rather ignore
i wish I had 1% of that this week, lol. i’ll draw furries for 1%. may include crayon INSIDE the lines!
With the advent of AI, does this sort of fuck up their revenue stream?
I’ve been told most of the furry community wants to support artists. Many are also VERY particular about their fursonas.
I have friends who are artists in the furry community, and can concur. They work like dogs, er, I mean diligently and ceaselessly creating amazing work, truly impressive.
100%. Plus a lot of the time you commission specific artists because you like their style, and want them to draw your fursona in their style. And obviously want to support them for their talent hahaha
Yeah AI is very good but it still problematic with some characteristics.
Furries have very high standards
And apparently the funds to back them up XD
We’re all in IT
Thank you for your service
I was in IT for a couple years in college. Never again XD
