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You guys are smoking crack to think that a company that is based in the US and does the bulk of it's business here has any leverage when it comes to protecting your info. It doesn't matter where they put certain accounts. As long as the company is still called PayPal your privacy protection is mild at best.
There may be other reasons the move makes sense but privacy is not one of em.
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I've trusted my sites to them for over a decade...
Webair, bitches.
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