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   alt.business      Business related discussions (no ads)      27,547 messages   

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   Message 26,417 of 27,547   
   Embrace Woke Go Broke! to governor.swill@gmail.com   
   Re: New Paypal Policy Lets Firm Fine Use   
   09 Oct 22 04:07:36   
   
   XPost: alt.fan.rush-limbaugh, alt.atheism, talk.politics.guns   
   XPost: alt.pl.paypal   
   From: embrace.woke.go.broke@paypal.com   
      
   In article    
   governor.swill@gmail.com wrote:   
   >   
   > Looks like it's time to cancel paypal.   
   > I just deleted my cards from the paypal account.   
   >   
      
   A new Paypal user policy that permits the company to fine users   
   $2,500 for spreading “misinformation” has caused quite a stir on   
   social media platforms. After November 3, anyone who posts or   
   publishes information or content to “promote misinformation”   
   will be subject to the penalty.   
      
   Editor’s note: This article was updated to reflect that Paypal   
   has retracted the user policy information after the social media   
   backlash. The company said: “An AUP notice recently went out in   
   error that included incorrect information.” The last paragraph   
   in this article contains the full statement from Paypal   
   concerning the user policy.   
      
   Paypal’s New User Agreement Clause Says It Can Pull $2,500 in   
   Funds From Users That Spread ‘Misinformation’   
   The payments services corporation Paypal reportedly plans to   
   update its user agreement with a new clause added that fights   
   against so-called “misinformation.” A new update added to the   
   restricted activity section of Paypal’s user agreement shows   
   that people who post or publish hate speech or misinformation   
   “may subject you to damages, including liquidated damages of   
   $2,500.00 U.S. dollars per violation, which may be debited   
   directly from your Paypal account.” The Daily Wire first   
   discovered the upcoming terms of service (ToS) agreement.   
      
   The prohibited acts include “the sending, posting, or   
   publication of any messages, content, or materials” that   
   “promote misinformation,” the payments company warns. Of course,   
   the news wasn’t taken too kindly by the general public, and a   
   significant number of social media posts critized Paypal’s   
   decision to implement the new user agreement. Canadian lawyer   
   David Anber wrote: “[Hey Paypal] you have 30 days to explicitly   
   renounce this abomination of a policy or I am permanently   
   closing my account as will millions of others I am sure. Your   
   subjective views on ‘misinformation’ or ‘discrimination’ don’t   
   entitle you to your clients’ money.”   
      
      
   Moreover, the Paypal news caught the attention of Tesla   
   executive Elon Musk. When an individual wrote that the new ToS   
   news was “worrying” and “that’s why we need the X platform more   
   than ever,” Musk responded “100%.” Bitcoin supporters, of   
   course, took to their Twitter handles and exclaimed that   
   “bitcoin fixes this.” A great number of people on social media   
   begged others to “close their Paypal accounts” and “boycott” the   
   payment services company.   
      
      
   “Paypal’s new policy lets it pull $2,500 from user accounts for   
   promoting ‘misinformation,’ the Biden administration made easier   
   for the government to spy on Americans, the FBI is acting like   
   the KGB,” Pedro Gonzalez wrote on Saturday. “Venmo is owned by   
   Paypal which is owned by Ebay. Pull away from all 3 ASAP,”   
   another person tweeted. A number of individuals asked how Paypal   
   decides what information is “misinformation” or not, and people   
   many said current times are akin to a communist regime. One   
   person wrote:   
      
   And who decides what “misinformation” is? Why, Paypal, of   
   course. I am sure they will be fair. Twitter will restrict your   
   account if they don’t like what you post. Paypal has authorized   
   [itself] to assess monetary fines for bad behavior. Welcome to   
   the Soviet Union.   
      
      
   Paypal’s Long History of Holding Back Funds and Censoring   
   Financial Transactions   
   Paypal has been accused of censorship for a long time now and   
   picking and choosing sides based on the firm’s own subjective   
   valuations and of course, state orders. At the end of July last   
   year, Paypal revealed it partnered with the nonprofit   
   organization the Anti-Defamation League (ADL) and said it   
   planned to study financial transactions that funded extremism   
   and anti-government groups.   
      
      
   In 2010, Paypal and a number of other financial giants blocked   
   Wikileaks from getting donations, and it pushed Julian Assange   
   and the non-profit toward bitcoin. In 2019, Paypal shut off ties   
   to sex workers leveraging the adult web portal Pornhub, and at   
      
   [continued in next message]   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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