The reason PayPal is ignored by most people is two reasons. 1. In its current form, it has less resemblance to what he wanted to do with it (its a better product because of this fact) and 2. He famously found the biggest hurdles for humanity and their solutions after selling PayPal and becoming a multi millionaire with nothing but time to spend it. Originally he wanted to put a mini greenhouse on mars as a media stunt.
>The reason PayPal is ignored by most people is two reasons.
You forgot the most important one.
3) PayPal is a huge PR nightmare, a pseudo-bank that sits between legal boundaries whenever it needs to in order to maximize profit, screwing over thousands of folks -- many of them with small businesses that foolishly relied on them as a service. A successful service that everyone uses, and most people hate -- the customers are swept in by me-tooisms and forced participation.
If I were Musk, or I was a Musk evangelist , i'd stay far away from that 'accomplishment', as well.
He's not responsible for the entirety of the beast, but afaik he IS responsible for the viral aspects of their customer recruitment -- a method I feel is unethical from a monopolistic standpoint for a banking entity to participate in.
PayPal is a nightmare but the reason is that banking and other innovation was so slow. Even if you don't like it, it still solved a massive problem in the internet, or at least made it more possible.
You can say PayPal is bad, but pretty much any company starting on that path run in many of the same issues.
