Taken Wednesday July 21, 2010 around 10:18 PM pacific time

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Note the figures on that counter. Likely that was total accounts, both active and inactive. That was going in realtime. The screencap is part of a video screen recording for a more comprehensive project.

Clearly Paypal likes to spin the numbers and bloviate, in whichever way suits them at the moment.

My research shows that upwards of 77% (and climbing) of accounts are inactive. (more on that later)

Also that even PP employees state that as many as 74% of accounts are made with fake IDs. 

In addition, there has been a cottage industry springing up in the 'cultivation' of fake accounts for resale.

People have been arrested and caught with dozens, even hundreds each of fake accounts.

 100 million accounts may sound good for the crooked or naïve shareholders and merchant-clients/prospective clients, but the PP spin-pap is not to be believed.