A crash course in changing the world.
This week I became a member of the revolution of the way money is handled in the world. I made an online purchase for valentines day using the payment method of PayPal, a new and inventive way to purchase items cutting out the banks and credit card companies between the producer and the consumer. The thing I liked the most is the level of privacy when using it, it pops up in my bank statement as a PayPal purchase, therefore my bank doesn't know im spending my money on only the producer and my account with PayPal which is private. It was also quick and was on my bank statement immediately improving the speed at which money flows. Another great feature of PayPal that I intend to use is the transfer of money from one account to another through the use of PayPal that way I avoid bank fees for going over my federal monthly transfer limit. This can be done because there is no middle man and takes away the bureaucracy out of the equation. I enjoyed my experience and look forward to doing it again in the near future.