Holy fuck why would you keep that much in your paypal account jfc that’s risky
Owned (stocks)
Submitted 3 weeks ago by Stamets@lemmy.world to [deleted]
https://lemmy.world/pictrs/image/cf9fc345-a9d7-4454-bbf0-2e12f9dffdd1.jpeg
Comments
whodatdair@lemmy.blahaj.zone 3 weeks ago
simple@lemm.ee 3 weeks ago
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.
blindbunny@lemmy.ml 3 weeks ago
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.
eager_eagle@lemmy.world 3 weeks ago
the only valid reason is if you receive $98k at once through paypal
cheers_queers@lemm.ee 3 weeks ago
Probs shouldnt be doing that either lol
fyzzlefry@retrolemmy.com 3 weeks ago
When you have a lot of transactions, you offload them on a schedule, not every transaction.
jaschen@lemm.ee 3 weeks ago
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.
MajesticElevator@lemmy.zip 3 weeks ago
That’s why I love crypto. No reversals, no bs
doyun@lemmy.world 3 weeks ago
Or just use bank transfer. It’s the same as paying in cash. Do Americans still have to use third parties to send money?
jaschen@lemm.ee 3 weeks ago
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.
KatakiY@lemmy.world 3 weeks ago
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
Robust_Mirror@aussie.zone 3 weeks ago
If someone disputes $500 with your bank, your bank doesn’t hold your whole $15,000 account while sorting it.
jaschen@lemm.ee 3 weeks ago
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.
driving_crooner@lemmy.eco.br 3 weeks ago
You keep almost 100k on PayPal how fucking embarrassing
vga@sopuli.xyz 3 weeks ago
Well where do you keep your change
sailorzoop@lemmy.librebun.com 3 weeks ago
Wish I could draw lesbian furries 🥹
solsangraal@lemmy.zip 3 weeks ago
i wish i could draw lesbian stick figures
Gork@lemm.ee 3 weeks ago
Draw an XX but with the X’s crossing. Lesbian stick figure scissoring!
Sabata11792@ani.social 3 weeks ago
I wish I had 100k.
cRazi_man@lemm.ee 3 weeks ago
Everyone can draw that. The money is in drawing really well.
MissJinx@lemmy.world 3 weeks ago
Dude if I could draw I would only draw commissioned furry porn. So Much Money!
RememberTheApollo_@lemmy.world 3 weeks ago
Paypal is not a bank account. This is dangerous.
ftbd@feddit.org 3 weeks ago
Having that much money as a paypal balance and not at least in a bank account or invested is insane
VitoRobles@lemmy.today 3 weeks ago
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.
ameancow@lemmy.world 3 weeks ago
Back when I was doing art for money (not adult, sorry) I had years of racing to the computer to 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.
atlien51@lemm.ee 3 weeks ago
Idk how much of that you’d wanna invest in stocks…soo risky and soo long to see any noticeable returns at all…
JackbyDev@programming.dev 3 weeks ago
Invest in whole market ETFs instead of individual stocks.
ftbd@feddit.org 2 weeks ago
Keep th money you need short-term for your business. Put the rest in index funds. With 100k lying around like that, you lose a few thousand dollars per year to inflation.
lucelu2@lemm.ee 3 weeks ago
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.
TheImpressiveX@lemm.ee 3 weeks ago
nik9000@programming.dev 3 weeks ago
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]
Kolanaki@pawb.social 3 weeks ago
Teach needs to get with the times. Ain’t is a valid word. It’s even in the dictionary.
Clinicallydepressedpoochie@lemmy.world 3 weeks ago
atlien51@lemm.ee 3 weeks ago
You draw lesbian furries how fucking embarrassing
Clinicallydepressedpoochie@lemmy.world 3 weeks ago
caboose2006@lemm.ee 3 weeks ago
Do what you love and you’ll never work a day in your life.
whyalone@lemm.ee 3 weeks ago
I like to sit on the couch and vegetate, would this help ?
moseschrute@lemmy.world 3 weeks ago
Wow wow. The saying is “you won’t work a day in your life,” not that you will be financially stable.
plyth@feddit.org 3 weeks ago
Do what you love and you’ll never work a day in your life.
WhiskyTangoFoxtrot@lemmy.world 3 weeks ago
'Cause no one will hire you.
TrickDacy@lemmy.world 3 weeks ago
People who brag about money never really coming out looking the best…
mosiacmango@lemm.ee 3 weeks ago
The furry artist was responding to someone saying his “hobby” was embarrassing. He posted the balance to show that gis “hobby” is actually a very respectable business.
It’s a brag, but a provoked one.
potustheplant@feddit.nl 3 weeks ago
Except that something profitable doesn’t make it any more or less embarrasing. e.g. Landlords make lots of money yet we all hate them.
TrickDacy@lemmy.world 3 weeks ago
Thank you, Captain obvious
flandish@lemmy.world 3 weeks ago
i wish I had 1% of that this week, lol. i’ll draw furries for 1%. may include crayon INSIDE the lines!
Alteon@lemmy.world 3 weeks ago
With the advent of AI, does this sort of fuck up their revenue stream?
superweeniehutjrs@lemmy.world 3 weeks ago
I’ve been told most of the furry community wants to support artists. Many are also VERY particular about their fursonas.
Rai@lemmy.dbzer0.com 3 weeks ago
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
MissJinx@lemmy.world 3 weeks ago
Yeah AI is very good but it still problematic with some characteristics.
ShinkanTrain@lemmy.ml 3 weeks ago
Furries have very high standards
brown567@sh.itjust.works 3 weeks ago
And apparently the funds to back them up XD
vga@sopuli.xyz 3 weeks ago
I’m not amazed that people like that – I also do sometimes – but I am amazed that people pay for that
lucelu2@lemm.ee 3 weeks ago
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.
Catoblepas@lemmy.blahaj.zone 3 weeks ago
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.
Eheran@lemmy.world 3 weeks ago
Correction: Regardless of what you do.
red_bull_of_juarez@lemmy.dbzer0.com 3 weeks ago
Maybe that’s just from that day.
Clinicallydepressedpoochie@lemmy.world 3 weeks ago
You guys. This is a meme. There’s no reference to any real people. I think the persob youre imagining is going to be ok.
YtA4QCam2A9j7EfTgHrH@infosec.pub 3 weeks ago
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.
psycho_driver@lemmy.world 3 weeks ago
I came here to say the same thing. Very risky.
Clinicallydepressedpoochie@lemmy.world 3 weeks ago
Close call
damnedfurry@lemmy.world 3 weeks ago
Yeah, this is a flex of naivete re PayPal, more than anything, lol