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Comment by knightgj | Hacker News Reader

I'll be looking at alternatives after receiving the friendly "We reviewed your account and determined that there's a relatively higher than average risk of future transaction issues" email that states they'll be holding my money for 21 days...

I have never made a claim. I have never had a claim filed against me. My account receives maybe $500/year, tops. I send $500/year, tops. HUDGE risk of transaction issues.

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I got one of those after years of service with 0 problems, so I canceled my PayPal and eBay accounts. I haven't missed them.

Have you considered using bitcoin? If you have considered, but dismissed it, would you mind answering why bitcoin wouldn't work for your business?

I think it's safe to say that for most businesses, while PayPal may only get you access to 80% of potential customers, Bitcoin gets you less than 1%.

Until Bitcoin is an established process, offering it means that you have to evangelize it. That means you are suddenly in the position of trying to sell both a service and a currency to a customer. That's more risk than most merchants want to take.

I did consider using it, I have a business with a fairly technical audience, but for now, I have to wait until the legal issues (whether only perceived or actually true) are worked out.

What are you selling?

When my account was frozen I was selling IT services, internationally, but I was also told it wasn't about my transactions at all.

i just use my account for personal use. selling used things via forums/ebay/cl.

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