I certainly understand where you're coming from Patrick, but I don't think you're looking at this from all angles. As the owner of a company that sells online and takes almost 3/4ths of our payments through Paypal, I can tell you first hand that fraud is a huge concern for Paypal, on all sides. In many cases, if someone is defrauding the consumer, Paypal is left holding the bag. The credit card companies will demand the money from the seller (the fraudster) and Paypal has to cough it up. Period. In this case, they could be held liable for the whole amount. That's a big loss, even for Paypal.
On top of that, the internet is FULL of scammers. We have to deal with fraud on our website on a daily basis. It's a huge problem. Paypal probably loses a ton every year due to fraud, and any time someone is gathering $80,000 all of the sudden, with no history with Paypal, and for potentially nebulous reasons, they have reason to be cautious.
Is there a better answer than what they are doing? I don't know. They could, and maybe should, just say, no you can't gather that much cash here. Find another way to get the money. Then it's up to the receiver to decide if that's worth it to them. I just think you probably should consider this a bit more deeply than just reflexively looking at it from one side's perspective. Things are usually more complicated than they seem, especially when talking about moving this kind of money. Where I'm from, you can buy a house for that kind of dough, and there is ultimately a higher degree of risk involved from Paypal's perspective.
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