• Re: New Paypal Policy Lets Firm Fine Users $2,500 for Spreading 'Misinformation,' ToS Condemned and Called an 'Abomination'

    From Embrace Woke Go Broke!@embrace.woke.go.broke@paypal.com to alt.religion.christian.roman-catholic,soc.retirement,alt.military.retired,alt.business.accountability,tor.general on Tue Oct 11 13:03:29 2022
    From Newsgroup: alt.military.retired

    In article <tac0l2$s5f$1@panix3.panix.com>
    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 omisinformationo has caused quite a stir on
    social media platforms. After November 3, anyone who posts or
    publishes information or content to opromote misinformationo
    will be subject to the penalty.

    EditorAs note: This article was updated to reflect that Paypal
    has retracted the user policy information after the social media
    backlash. The company said: oAn AUP notice recently went out in
    error that included incorrect information.o The last paragraph
    in this article contains the full statement from Paypal
    concerning the user policy.

    PaypalAs New User Agreement Clause Says It Can Pull $2,500 in
    Funds From Users That Spread aMisinformationA
    The payments services corporation Paypal reportedly plans to
    update its user agreement with a new clause added that fights
    against so-called omisinformation.o A new update added to the
    restricted activity section of PaypalAs user agreement shows
    that people who post or publish hate speech or misinformation
    omay 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.o The Daily Wire first
    discovered the upcoming terms of service (ToS) agreement.

    The prohibited acts include othe sending, posting, or
    publication of any messages, content, or materialso that
    opromote misinformation,o the payments company warns. Of course,
    the news wasnAt taken too kindly by the general public, and a
    significant number of social media posts critized PaypalAs
    decision to implement the new user agreement. Canadian lawyer
    David Anber wrote: o[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 amisinformationA or adiscriminationA donAt
    entitle you to your clientsA money.o


    Moreover, the Paypal news caught the attention of Tesla
    executive Elon Musk. When an individual wrote that the new ToS
    news was oworryingo and othatAs why we need the X platform more
    than ever,o Musk responded o100%.o Bitcoin supporters, of
    course, took to their Twitter handles and exclaimed that
    obitcoin fixes this.o A great number of people on social media
    begged others to oclose their Paypal accountso and oboycotto the
    payment services company.


    oPaypalAs new policy lets it pull $2,500 from user accounts for
    promoting amisinformation,A the Biden administration made easier
    for the government to spy on Americans, the FBI is acting like
    the KGB,o Pedro Gonzalez wrote on Saturday. oVenmo is owned by
    Paypal which is owned by Ebay. Pull away from all 3 ASAP,o
    another person tweeted. A number of individuals asked how Paypal
    decides what information is omisinformationo or not, and people
    many said current times are akin to a communist regime. One
    person wrote:

    And who decides what omisinformationo is? Why, Paypal, of
    course. I am sure they will be fair. Twitter will restrict your
    account if they donAt like what you post. Paypal has authorized
    [itself] to assess monetary fines for bad behavior. Welcome to
    the Soviet Union.


    PaypalAs 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 firmAs 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
    the time 100,000 adult performers were left stranded. In 2020,
    Paypal merchants who sold products associated with the eight-
    legged micro-animals called tardigrades or omoss pigletso had
    issues with the payment processor because the name tardigrade
    was used by a Balkan arms dealer.


    According to Eric July, owner of Rippaverse comics, two months
    ago Paypal gave him significant issues when he sold Rippaverse
    comics using Paypal and credit cards. At the time, $1.2 million
    was put on hold by Paypal and on October 6, July said that after
    making an erroneous error of only paying him back half of the
    funds, othe other half was released,o and othere was no official
    statement from Paypal as to why.o After a huge hassle, July got
    back oall of the initially held fundso and he further stressed
    that his firm would onever be using Paypal again.o

    The Rippaverse comics owner added:

    ItAs a piece of sh*t company and I recommend that small business
    owners especially avoid using them.

    Paypal Claims New User Policy Went Out in Error
    On October 8, a Paypal spokesperson explained to the National
    Review that the user policy notice shared wildly on Twitter and
    publications, was a mistake. oAn AUP notice recently went out in
    error that included incorrect information,o the Paypal
    spokesperson insisted. oPaypal is not fining people for
    misinformation and this language was never intended to be
    inserted in our policy. Our teams are working to correct our
    policy pages. WeAre sorry for the confusion this has caused.o

    TAGS IN THIS STORY
    $2500 fine, Anti-Defamation League (ADL), Balkan arms dealer,
    Censorship, Communist Regimes, Daily Wire, Elon Musk, Elon Musk
    reply, Eric July, Free Speech, hate speech, Julian Assange,
    misinformation, Paypal, Paypal company, Paypal policy, PayPal
    User policy, Pedro Gonzalez, Porn hub, Rippaverse Comics, Soviet
    Union, Tardigrades, user policy, Wikileaks
    What do you think about the controversy surrounding PaypalAs
    upcoming ToS agreement that says it can fine accounts for
    spreading misinformation? Let us know what you think about this
    subject in the comments section below.

    https://news.bitcoin.com/new-paypal-policy-lets-firm-fine-users- 2500-for-spreading-misinformation-tos-condemned-and-called-an-
    abomination/

    --
    The average millenial wokster has over $100,000.00 in credit
    card debt.

    Woksters are too lazy to work and have no money except for what
    they leech from their parents, trust funds, welfare, or do-
    gooder handouts.

    Many woksters sign their lives away for $600 a month and an EBT
    card, claiming they are mentally incompetent and cannot handle
    their own personal affairs.

    Individuals who voluntarily affirm that they are mentally
    incompetent should also forfeit their right to vote.

    Woksters have similar numbers to homosexuals and constitute
    perhaps 3% of the US population.

    What strategic business principle sees profit in this kind of
    market prospect?

    What reasonable consumer would support a business with woke
    philosophies and policies?

    --- Synchronet 3.21d-Linux NewsLink 1.2