You couldn't take the money as it never really existed lolQuote:
Originally Posted by Daltron
Sent from my HTC One X using Tapatalk 2
Printable View
You couldn't take the money as it never really existed lolQuote:
Originally Posted by Daltron
Sent from my HTC One X using Tapatalk 2
Thats what I was thinking, restores some faith in the social web. Its nice of PayPal to give something to charity from the mistake most companies would just remove the problem without battering an eyelidQuote:
Originally Posted by GommeInc
Quote:
Originally Posted by Marketing
Yeah, but you could still take some of it. xD
its just numbers thats all it is like for example when you go and get a mortgage from the bank say u want £200,000 all they do is type it into a computer and 200k is created, you then pay it back with interest meaning the bank makes money. If that makes sense??? If that's even right :S lolQuote:
Originally Posted by Maatt
There are some interesting stories of money literally being strung from thin air from companies that do not own the money and have either made a mistake depositing it or the bank has made an error. It may not exist on the side of PayPal, but the bank crediting it to the other side makes it become real and spendable - I think it involves credit but I know little about accountancy and banking :P It would just mean PayPal would be very, very poor and the gentleman spending money that half exists and half doesn't very, very rich, spending unaccountable money :PQuote:
Originally Posted by Marketing
PayPal won't even have $92 quadrillion will they lol, just shows money in a bank is just a number ;)
Indeed about the money being sprung from thin air - obviously $92 quadrillion is simply on a different scale though (these sort of things happen pretty regularly, just not 6000x the USA's GDP normally :L I guess in terms of unaccountable money, that would essentially be how a lot of fraud works (get the persons details, buy a watch - money was never really there etc)Quote:
Originally Posted by GommeInc
Simply wouldn't work, I'm afraid. I guess technically if PayPal had the money to give he could have then taken some out and bought something STRAIGHT away, otherwise the they would have just gotten it back (and they probably would get it off him if eh did buy something.Quote:
Originally Posted by :Cerys
This is correct - as I say, $92 quadrillion would be 1,179,000 Bill Gates', or about 6000x the United States of America's GDP.Quote:
Originally Posted by e5
Quote:
Originally Posted by Marketing
How wouldn't it work, though? ;o I don't understand xD Couldn't he just have taken $100,000 of it. That sort of money is in existance so why can't he just take that amount?
Ahaa I'm confused xD
Assuming the same applies to PayPal as it does to banking, this would be retaining wrongful credit - which would be a crime, and could land you in jail.Quote:
Originally Posted by :Cerys
If a bank accidently credits you with £2000000, that money would not be yours and if you spent it, they would be on to you faster than you could say "I'm rich" aha. THe same applies to payments by employers, and if someone paid money into your account accidently.
EDIT: After a quick search, what I was talking about comes under the 1968 Theft Act
Id just withdraw a million and be on my merry way, what would you even do with that much money?