Somewhere along the line, PayPal became a bank. Your bank. You probably missed it, but it happened.
And somewhere else, PayPal started acting like a bank, too. Now, when PayPal uses your money or profits off you, they talk as though they’re doing you a favor.
While I don’t store the kind of money Louis CK money has at PayPal, we do use PayPal to handle receivables at Answer Guy Central. Mostly, this is because PayPal started up in the business they’re in before anyone else, and having settled on them a long time ago we find that it would be painful to leave them. This in spite of PayPal eliminating their money market fund, and there being some pretty good PayPal alternatives, like Square and WePay.