What does PayPal do that a regular bricks & mortar bank cannot do?
Is PayPal for people who do not qualify for a credit card?
Is it for people who have problematic banking issues?
You were not giving your CC number to some unknown goober, just transferring funds from your account to his. You did not even need to have your real name attached to the account. You could also use it if you did not have a bank account for what ever reason.
There was a fee but it was in line with other banking fees so it was a wash.
And it was faster. I sold some coins and it took almost a week for the check (under $5000) to clear. I used Paypal the next time and the funds were available immediately. No muss, no fuss.