Sigh...
Man, life sure is tough for a lot of people. Then it gets even tougher when people start to make it tough on themselves. (and yes, Businesses do it too...)
Like most people, I have not had a problem with Paypal. Like some people, I do have issues with some of the things they do, or tried to do. However, again like most people, I don't live in a perfect world. If I tried to only do business with people who thought exactly like I did, or who felt about every issue just the way I felt, then I fear I wouldn't do much business at all.
Paypal is super convenient. Using it is, for me, very efficient and very effective. I have not had any trouble with it personally, and honestly, the majority of the time that I see complaints it seems to me that "User Error" is substantially, and sometimes, totally, to blame.
Do I like all of their policies? No. Do I like some of the things they try to do? No. But generally, they respond when the public makes noise and generally they adjust those policies to reflect the negative feedback. I'm not sure what else you would expect from a large corporation that depends on the goodwill of the public/customers to maintain their revenues.
So, they may be dead for some of you, but they're definitely not dead for most people, including most of "us" (whichever particular "us" you may be today). Is it possible that I may pull my business from them because of something they do? Sure. But it's not going to happen for something they screwed up and then rapidly fixed once it became clear to them what a cluster-f**K their new policy was.
And by the way folks, those of you who hate Paypal but like/love Venmo...PayPal OWNS Venmo. And if you think Zelle is super convenient (which it is, for some things), just remember that Zelle has no recourse. None. Nada. Zip. Once you send money via Zelle it is gone. For good, or bad, as the case may be.
As for the comment that big businesses don't do things by accident, well...Wrong. I've been a senior executive of large international businesses for much of my working life and I've seen a boatload of big mistakes. In fact, a big part of my past 15 years I have spent going around the world fixing "mistakes" made by various people who thought they were doing the right thing, except they weren't.