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re: New PayPal Policy Lets Them Pull $2500 From Users Accounts If They Promote ‘Misinformation

Posted on 10/8/22 at 10:40 am to
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 10/8/22 at 10:40 am to
I say this with zero threat, but sometimes they frick around and find out.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
463817 posts
Posted on 10/8/22 at 10:41 am to
quote:

Where your fault lies is in the idea that you think the two entities (government and private industry) in these situations are separate.

The fact that one company is doing this today, and the rest are not, shows the difference.

quote:

ESG is a perfect example. These policies aren’t just appearing in a bubble.

Sure they are.

Companies have been doing this PR shite since before you or I were born. People have chosen to polarize themselves in bubbles, which makes any piece of news the worst/best or biggest thing ever. It's a trigger of emotional thinking and tribalism meant to cede power to an actual authoritarian government. frick all that.

Even if you want to drop the "WEF" boogeyman...that's not a government, either.

quote:

Perfect examples are the “conservative” alternatives to Twitter (

Twitter, which may be being sold to a non-Leftist, in a week or 2. That's not a good example of your argument.

Posted by thelawnwranglers
Member since Sep 2007
41601 posts
Posted on 10/8/22 at 10:42 am to
They can pull from linked bank account or PayPal balance?
Posted by stout
Porte du Lafitte
Member since Sep 2006
178912 posts
Posted on 10/8/22 at 10:42 am to
Paypal balance
Posted by DomincDecoco
RIP Ronnie fights Thoth’s loafers
Member since Oct 2018
11630 posts
Posted on 10/8/22 at 10:43 am to
That cant hold up in court....right?
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
463817 posts
Posted on 10/8/22 at 10:45 am to
quote:

That cant hold up in court....right?

I don't see why it wouldn't.

Although I could see some states enacting legislation to get press. This would likely lead to Paypal just withdrawing services from those states.
Posted by thelawnwranglers
Member since Sep 2007
41601 posts
Posted on 10/8/22 at 10:45 am to
quote:

Paypal balance


Still interesting way to kill trust
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 10/8/22 at 10:45 am to
quote:

What's the third option?


Any corporation getting any subsidies is a government entity at this point. I'm pretty goddamn libertarian but corporations and governments have joined in an unholy union that needs to be stamped out.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
52854 posts
Posted on 10/8/22 at 10:47 am to
quote:

Dropped PayPal years ago.

Just FYI... They own Venmo too
Posted by stout
Porte du Lafitte
Member since Sep 2006
178912 posts
Posted on 10/8/22 at 10:47 am to
quote:

he fact that one company is doing this today, and the rest are not, shows the difference.



Who are the rest? Cashap and Zelle? Zelle probably cant since they are owned by banks and are more regulated than Paypal. Cashap is too small so I doubt they want to rock the boat too much.

quote:

Companies have been doing this PR shite since before you or I were born. People have chosen to polarize themselves in bubbles, which makes any piece of news the worst/best or biggest thing ever.


This is more than PR. Saying they can take money from you because they disagree with your thoughts and speech is way beyond anything any company has ever attempted before and again it's a slippery slope.

We always ignore these types of things with the type of thinking you just outlined until it's too late.

quote:


Twitter, which may be being sold to a non-Leftist, in a week or 2.


He admitted he has voted Democrat his entire life. He's still a Dem it's just that the left is so far left he is now considered middle of the road with a left lean.
This post was edited on 10/8/22 at 10:48 am
Posted by TigerFox
Member since Jun 2013
309 posts
Posted on 10/8/22 at 10:49 am to
So what would be the steps needed to start and PayPal/credit card like company?
Posted by tketaco
Sunnyside, Houston
Member since Jan 2010
21465 posts
Posted on 10/8/22 at 10:51 am to
Got perma banned for putting Fantasy Football in the notes for a buy in. Didn't think much of it, but pretty dumb in hindsight.
Posted by Klondikekajun
Member since Jun 2020
1429 posts
Posted on 10/8/22 at 10:51 am to
quote:

You don't have to leave it in there. They can freeze your account to hold the next bit of money you take in.


So conceivably, I could make a $10 transaction they "solely deem inappropriate" and they could charge me $2500 in "punitive damages?"

If it's linked to a credit card or other account, is there BS language buried in there where they'll try to recoup their penalty there?



This post was edited on 10/8/22 at 10:55 am
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
463817 posts
Posted on 10/8/22 at 10:52 am to
quote:

Who are the rest? Cashap and Zelle? Zelle probably cant since they are owned by banks and are more regulated than Paypal. Cashap is too small so I doubt they want to rock the boat too much.

There are a ton of options coming online via blockchain tech in the next few years.

quote:

This is more than PR. Saying they can take money from you because they disagree with your thoughts and speech is way beyond anything any company has ever attempted before and again it's a slippery slope.

Let's see if they ever actually do it. There are a ton of penalties in those agreements we all click on that are never actually enforced. Then we will see how PP reacts to actually using this clause.

quote:

We always ignore these types of things with the type of thinking you just outlined until it's too late.

I don't think there are many actual examples of the "too late" scenario b/c these doomsday scenarios almost never happen.

Posted by tterrific
Member since Sep 2022
649 posts
Posted on 10/8/22 at 10:56 am to
quote:

I'm asking for realistic responses.


An authoritarian regime protected by laws that controls the vote?

Is there any realistic response that doesn't involve guns and death?
Posted by stout
Porte du Lafitte
Member since Sep 2006
178912 posts
Posted on 10/8/22 at 10:57 am to
quote:

There are a ton of options coming online via blockchain tech in the next few years.




Crypto is nowhere stable enough yet to make any headway against Paypal and banks. Just this week another $500 million in Crypto was hacked and stolen

quote:

I don't think there are many actual examples of the "too late" scenario b/c these doomsday scenarios almost never happen.



It doesn't have to be a doomsday scenario and may never affect the majority on a mass scale but I disagree. The misuse of Civil Asset Forfeiture is a great example of a slippery slope being abused.
Posted by USMCguy121
Northshore
Member since Aug 2021
6332 posts
Posted on 10/8/22 at 10:58 am to
Given that what is "misinformation" changes by the fricking day and only a fool would still use paypal for anything.

Posted by Klondikekajun
Member since Jun 2020
1429 posts
Posted on 10/8/22 at 10:58 am to
quote:

I don't think there are many actual examples of the "too late" scenario b/c these doomsday scenarios almost never happen.


I think it's more "Death by a thousand cuts."
Posted by Scruffy
Kansas City
Member since Jul 2011
76464 posts
Posted on 10/8/22 at 10:59 am to
quote:

The fact that one company is doing this today, and the rest are not, shows the difference.
And we will see if the others follow suit.

Another perfect example is the “misinformation crusade” of social media entities.

And that is pretty much ALL of them.

Totally normal behavior without any external intervention.
quote:

Companies have been doing this PR shite since before you or I were born.
I am not sure you can call linking investments to ESG scoring simply a “PR move”.

It has had a pretty tangible impact on the economy, particularly with the O&G sector.

There are always other factors, but it isn’t simply a PR move.
quote:

People have chosen to polarize themselves in bubbles, which makes any piece of news the worst/best or biggest thing ever. It's a trigger of emotional thinking and tribalism meant to cede power to an actual authoritarian government. frick all that.
You are already on the pathway there.

It is simply governmental intervention, rules, and regulations filtered through the tech industry.

As we continue to move further and further towards fully electronic transactions, we will cede more and more control to these companies.

It is how I predict gun control to be enacted.

It won’t be through legislation. It will simply be through the rules and regulations of the few remaining banks, backed by the US government.
quote:

Even if you want to drop the "WEF" boogeyman...that's not a government, either.
That is simply a think tank of the world’s wealthiest and powerful individuals.

Their power comes through monetary influence on the politicians filtering their horrible ideas downwards and through control of the financial and investment institutions.
quote:

Twitter, which may be being sold to a non-Leftist, in a week or 2. That's not a good example of your argument.
It wasn’t the concept of Twitter itself that I was referencing.

It was the fact that the tech monopolies that do exist prevented any alternatives from arising.

Society is so far behind when it comes to tech and the internet that we have no idea how to deal with these monopolies at this point.




Also, why do you select three sentences/points in a post and then neglect every other aspect of the argument?
This post was edited on 10/8/22 at 11:00 am
Posted by Caraway Rye
Member since Oct 2021
5108 posts
Posted on 10/8/22 at 11:02 am to
quote:

Although I could see some states enacting legislation to get press. This would likely lead to Paypal just withdrawing services from those states.



If Ohio, Florida, Tennessee and Texas all enacted that they would fold
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