/biz/ - Business & Finance

>>8129748
>trading private keys
Can someone explain how this would work? I'm trying to wrap my head around it, and it seems like either:
1. the person "sending" the money will still know what the private key is and can "steal" the coins back from the receiver.
or
2. PayPal controls the private keys, which makes it a 3rd party with all the same problems as regular paypal. It also just changes the timing of the delays inherent in some crypto, as you'd have to send coins to the paypal wallet at sometime before making a purchase.
What am I missing here? is there some other way around this?

>>4785125
he told me to tell you, you are one

>>4770964
wow that transaction speed is really gonna help those refugee cities. I'm so excited to ride this rocket up to the moon. Duck Tonald Frump