First X.com bought PayPal, now it looks it’s going down with the ship. Internet banks always seemed like a patently stupid idea to me. Bank accounts are really cheap, anyone with much of a balance can usually have all their service charges waived. Most banks are getting on board with online banking. So what’s the point of an online bank? I wasn’t pleased when X.com bought PayPal in the first place, and it looks like my fears were well founded.
First X.com bought PayPal, now it looks it’s going down with the ship. Internet banks always seemed like a patently stupid idea to me. Bank accounts are really cheap, anyone with much of a balance can usually have all their service charges waived. Most banks are getting on board with online banking. So what’s the point of an online bank? I wasn’t pleased when X.com bought PayPal in the first place, and it looks like my fears were well founded.
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