stocktrader23

Dude, you have to opt into the Paypal money market. I do not and have never used the thing, they make it perfectly clear that you can lose your damn money and everyone should know this anyhow.

You are right that Paypal isn't a fucking gold trading program, that has nothing to do with whether or not they are allowed to use fractional reserve banking. I would bet $5 that they are not allowed to do this and if they are it's because they are REGISTERED as some kind of financial institution that is well regulated, has some extra security and is specifically allowed to do so.

The fact that the gold companies don't use fractional reserve should make you consider that maybe they aren't fucking allowed to.

I'm not saying 100% that a business can't operate this way, it just seems highly unlikely that it would be legal (USA) and most of the developed world. I researched this long ago when I wanted to start something similar to epassporte for a completely different industry. Everything you've claimed so far has come right out of your ass.

Tell you what, prove to me that a private business in the USA can legally use fractional reserve banking and I will shut up.

__________________


Hands Free Adult - Join Once, Earn For Life

"I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."