I don't have that much experience with this service, but I was under the impression that their direct competitor is not V, MA or AAPL where you need a bank account to make payments. SQ and PYPL allow you to make payments without a credit card and account.

I've stirred up discussions about him a few times, most recently with his stablecoin plan. Unfortunately, even though I'm invested in it and hoping for growth, I'm rather afraid that I mentioned it a while ago when I went into it and I have to agree with the opinions already expressed here. It has a lot of competition, personally I also never pay with it, I use Apple pay and basically don't find much of any extra steps to any stunt going on. But yes, that stablecoin thing, that's very tricky, it could be a hit because there are a lot of places that pay with crypto, but it's also very, very risky and could bring them to their knees ... so I would hold off here and just watch it. Unfortunately, I'm somewhere around $25 minus overall here and to get a return on my investment I'd need to grow somewhere around $70.

Paypal is quite a dinosaur for me nowadays, it's dominated by other giants and I don't think it will ever attack its highs. For me, definitely not a longer term investment...

I think we'll go a little lower. I'll start buying below $60, I want some margin of safety, although I already think it would make sense.

I heard that banks have been advised to stop doing business with PayPal because of its crypto.