PayPal Cash and a Euro Crash

Discussion in 'General Business Forum' started by Parrot Hosting, Nov 25, 2011.

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  1. Parrot Hosting

    Parrot Hosting UKBF Enthusiast

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    Okay, I use PayPal extensively. I even keep a lot of my cash liquid in their accounts and can use it to pay for virtually anything I need.

    If the Euro was to fail and the banks themselves began to fail or at the least locked down their accounts and curtailed foreign transactions etc., like with the Euro, and National financial restrictions got imposed to defend massive transfers out of the Eurozone and so on.....

    Do you think PayPal would be a safer or less safe place to put your money?

    Bearing in mind that you can transfer currency from say, sterling to Euros and to Yen is it somewhere you could protect your cash or do you think it would collapse under the pressure of the Euro collapse?
    Last edited: Nov 25, 2011
    Posted: Nov 25, 2011 By: Parrot Hosting Member since: Jan 7, 2011
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