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Originally Posted by KlenTelaris
I still thinks paxum is shady....But dreamteam argument is strong,i will probably need to use it for low payments.
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Paxum has said very clearly in this thread that they will maintain in excess of 100% of account holders funds as banked funds to prevent the possibility of a run on funds closing down the system. Until I see evidence otherwise that's good enough for me, it's as much of an assurance as you can hope for.
Many people have made a great point, don't use it as a bank, withdraw funds as soon as you can and the risk should be fairly low.