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Thank you PayPal, we all needed this actually. I don't mean "we" as in the fake wokies or whatever, no I am referring to us Bitcoiners eagerly awaiting to see by now obsolete online payment services like PayPal disappear forever and in the process have their user base flock our way.?? So what is this insanity they are saying exactly?
"prohibitions on “the sending, posting, or publication of any messages, content, or materials that “promote misinformation.” While the prior policy already forbade “hate,” “intolerance,” and discrimination, the new one now also explicitly applies to specific “protected groups” and “individuals or groups based on protected characteristics.” Identities under this umbrella include race, religion, gender or gender identity, and sexual orientation. “The promotion of hate, violence, racial or other forms of intolerance that is discriminatory” would also be deemed a violation of the policy and possible grounds for penalty."
OK, sooooo, I can't discriminate or make hateful posts, not sure why anyone would want to anyway or why PayPal is interfering with the world of social media and publicizing, I mean isn't that the online and offline platforms' responsibility? Anyways here's where it starts to get murky: "protected groups". Why discriminate against me PayPal? I'm in no protected group, at least not as far as I know, so why play favorites? There's no other way, I'm afraid I must take some money from your account now. Oh, wait I can't because it would be ignorantly stupid to have such a thing be possible since it would open the door for abuse of power and self interpretations? OK glad we figured that out. But we all know, ohhhhh we just know that this part here is going to be the straw that'll break centralization's back: "misinformation".
If this policy were approved two years ago, you'd be out 2.500 Dollars for saying some factual "misinfo" like, IDK the Hunter Biden laptop story was real. Sure, afterwards they'd probably reimburse you, or at least you should hope they do since your info was right and they wrongfully took money from your account for probably weeks or months but that's why this is all so utterly insane. What's "info" really? Pure information can be watered down and mixed with all sorts of irrelevant remarks and bias opinions and then publicized to draw the readers and listeners into a certain corner, we call that the news. I don't think PayPal will go full-fascist and go look into journalists' articles and posts to be able to fine them, but we all know which type of people will be targeted with this. They'll be the same ones who Twitter started targeting with their bias labels while ignoring all journalists from other state affiliated media.
I myself used to have PayPal, but then Bitcoin came along. Seriously, I messaged them years to close my account in I think early 2014, so I'm not sure if this part here in their upcoming new policy regarding requiring pre-approval for cryptocurrency payments is new or not.
I saved the best for last, if you write followup posts on your initial "misinfo" claim or reaffirm your stance, the fines will add up. Violation of this Acceptable Use Policy constitutes a violation of the PayPal User Agreement and 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(s) as outlined in the User Agreement. The date in the PDF is 3 November 2022, not because they wrote it in the future but because that's when the new policy will take effect. So you know what that means, you have less than one month to withdraw all your money on PayPal to an exchange and convert it into Bitcoin.??
