From owner-freebsd-chat Mon Dec 31 0:38:58 2001 Delivered-To: freebsd-chat@freebsd.org Received: from mooseriver.com (superior.mooseriver.com [205.166.121.28]) by hub.freebsd.org (Postfix) with ESMTP id 6CF9F37B4CF for ; Mon, 31 Dec 2001 00:38:44 -0800 (PST) Received: (from jgrosch@localhost) by mooseriver.com (8.11.6/8.11.5) id fBV8cJs24287; Mon, 31 Dec 2001 00:38:19 -0800 (PST) (envelope-from jgrosch) Date: Mon, 31 Dec 2001 00:38:19 -0800 From: Josef Grosch To: Brett Glass Cc: Terry Lambert , chat@FreeBSD.ORG Subject: Re: Confirm Your PayPal Membership Message-ID: <20011231003819.A24218@mooseriver.com> Reply-To: jgrosch@mooseriver.com References: <4.3.2.7.2.20011226145226.021974b0@localhost> <4.3.2.7.2.20011227092550.01c87ae0@localhost> <3C2FCA60.99829AA7@mindspring.com> <4.3.2.7.2.20011231011757.01d72730@localhost> Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Disposition: inline User-Agent: Mutt/1.2.5i In-Reply-To: <4.3.2.7.2.20011231011757.01d72730@localhost>; from brett@lariat.org on Mon, Dec 31, 2001 at 01:19:33AM -0700 Sender: owner-freebsd-chat@FreeBSD.ORG Precedence: bulk List-ID: List-Archive: (Web Archive) List-Help: (List Instructions) List-Subscribe: List-Unsubscribe: X-Loop: FreeBSD.org On Mon, Dec 31, 2001 at 01:19:33AM -0700, Brett Glass wrote: > At 07:16 PM 12/30/2001, Terry Lambert wrote: > > >The PayPal approach is very similar to any company that provides > >factor financing services, or any other service resulting in a > >rediscounting of the paper: they take the float in exchange for > >their service. > > "Float" is one thing. Forcibly tying up people's money without > their consent is quite another. > > I suspect that if there were ever a "run" on PayPal's accounts > it would be discovered that it did not have the funds to cover > what it owed. So, you are basically saying the PayPal is a ponzi scheme? Josef -- Josef Grosch | Another day closer to a | FreeBSD 4.4 jgrosch@MooseRiver.com | Micro$oft free world | www.bafug.org To Unsubscribe: send mail to majordomo@FreeBSD.org with "unsubscribe freebsd-chat" in the body of the message