https://stream.echo6.co/videos/watch/80410cd2-24a7-4b64-af03-6f30679ceee8 PayPal has one of the worst reputations in the world and its centralized business model poses a threat to all users. Support me through Patreon: https://www.patreon.com/thehatedone or donate anonymously: Monero: 84DYxU8rPzQ88SxQqBF6VBNfPU9c5sjDXfTC1wXkgzWJfVMQ9zjAULL6rd11ASRGpxD1w6jQrMtqAGkkqiid5ef7QDroTPp, Bitcoin: 1FuKzwa5LWR2xn49HqEPzS4PhTMxiRq689 Ethereum: 0x6aD936198f8758279C2C153f84C379a35865FE0F Companies that handle your money have a responsibility to their shareholders. They need to pay out dividends and increase share prices, otherwise investors might bail. Serving customers neutrally is risky, because at least some of them might use their service in ways that produce really bad PR. PayPal’s terms of service redefines what money means. Its narrow acceptable use policy makes money function as a permissioned tender. You cannot use your funds however you want. PayPal has a broad definition for which payments require pre-approval and which ones are not allowed at all. It isn’t the only financial company susceptible to the failures of centralization, but it’s a perfect case study for why you shouldn’t trust any single authority when it comes to your money. Sources PayPal sucks https://www.trustpilot.com/review/www.paypal.com PayPal's acceptable use policy https://www.paypal.com/en/webapps/mpp/ua/acceptableuse-full Ridiculous examples of PayPal financial censorship Tardigrade https://news.bitcoin.com/the-moss-piglet-dilemma-paypal-bans-payments-to-merchants-using-the-word-tardigrade/ https://twitter.com/c/ArchieMcPhee/status/1304434532293046272 https://www.geekwire.com/2020/weird-seattle-retailer-archie-mcphee-hit-even-weirder-paypal-security-glitch/ https://twitter.com/princessmlokhia/status/1394399401263632384 Cancelled without explanation https://mises.org/power-market/paypal-censorship-not-limited-online-provocateurs https://puntofisso.medium.com/paypal-closed-my-account-with-no-explanation-it-could-happen-to-you-6ff0ba4ea95f https://twitter.com/Kimberleypfp/status/1304443884005740544 Cancelled for speech https://www.theguardian.com/technology/2018/nov/09/paypal-proud-boys-antifa-ban-gavin-mcinnes-criticism https://www.huffpost.com/entry/tech-companies-white-supremacists-stripe-paypal-square-anedot_n_5b71fd68e4b0ae32af9ae20e https://www.theverge.com/2017/8/16/16159310/apple-pay-drops-support-white-supremacist-neo-nazi-merchandise https://www.buzzfeednews.com/article/blakemontgomery/the-alt-right-has-a-payment-processor-problem https://www.cnet.com/news/paypal-and-shopify-remove-trump-related-accounts-citing-policies-against-supporting-violence/ https://mashable.com/article/epik-domain-names-paypal-proud-boys/? https://www.nytimes.com/2021/01/10/technology/parler-app-trump-free-speech.html Screening based on keywords https://thegrayzone.com/2020/01/09/paypal-blocks-donations-iran/ https://www.coindesk.com/venmo-censorship-neutral-platforms-like-bitcoin https://www.businessinsider.com/venmo-blocking-palestine-relief-payments-us-treasury-sanctions-rules-2021-5 https://twitter.com/SJPUIC/status/1394417124458827780 Censoring publishers https://news.bitcoin.com/pornhub-accepts-bitcoin-top-adult-site-cryptocurrency-payment/ https://www.wired.com/2010/12/paypal-wikileaks/ https://www.thepaypalblog.com/2010/12/paypal-statement-regarding-wikileaks/ https://www.forbes.com/sites/andygreenberg/2010/12/07/visa-mastercard-move-to-choke-wikileaks/ https://www.coindesk.com/blackballed-by-paypal-scientific-paper-pirate-takes-bitcoin-donations https://www.washingtonpost.com/national-security/justice-department-investigates-sci-hub-founder-on-suspicion-of-working-for-russian-intelligence/2019/12/19/9dbcb6e6-2277-11ea-a153-dce4b94e4249_story.html PayPal under investigation https://www.washingtonpost.com/business/economy/us-consumer-watchdog-agency-investigates-venmo-payments-app/2021/02/05/a869e7d6-67ad-11eb-886d-5264d4ceb46d_story.html PayPal's crypto lure https://newsroom.paypal-corp.com/2020-10-21-PayPal-Launches-New-Service-Enabling-Users-to-Buy-Hold-and-Sell-Cryptocurrency https://blog.trezor.io/why-you-should-not-use-paypal-for-bitcoin-f6e2d436ca96? PayPal's compliance with government mandates https://www.bbc.com/news/technology-32067151 OFAC https://home.treasury.gov/policy-issues/office-of-foreign-assets-control-sanctions-programs-and-information https://newsroom.paypal-corp.com/Keeping-the-Venmo-Community-Secure-The-Companys-Approach-to-OFAC-Compliance PayPal's integration into China https://www.reuters.com/article/us-china-paypal-stake-idUSKBN29J0IC https://edition.cnn.com/2019/09/30/tech/paypal-gopay-china-payments/index.html https://techcrunch.com/2021/04/28/paypal-china/? Censorship by other centralized financial institutions https://www.huffpost.com/entry/bank-of-america-will-stop_n_798605 https://stripe.com/restricted-businesses Follow me: https://twitter.com/The_HatedOne_ https://www.bitchute.com/TheHatedOne/ https://www.reddit.com/r/thehatedone/ https://www.minds.com/The_HatedOne Wed, 15 Apr 2026 11:48:42 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://stream.echo6.co https://stream.echo6.co/client/assets/images/icons/icon-512x512.png https://stream.echo6.co/videos/watch/80410cd2-24a7-4b64-af03-6f30679ceee8 All rights reserved, unless otherwise specified in the terms specified at https://stream.echo6.co/about and potential licenses granted by each content's rightholder.