PayPal's Misinformation Fine Shows Why We Need An Alternative To Fintechs
Maybe you’ve been so deep into crypto and DeFi that you missed the story happening across the street in traditional finance land with payments giant PayPal – but it really blew our minds and we think it’s worth highlighting.
Earlier last month PayPal said that users spreading misinformation would be subject to a $2,500 fine. It removed the language from its acceptable use policy after intense backlash. But the increased scrutiny drew attention to the fact that similar terms had been in place in its user agreement for years.
0:12 PayPal's $2,500 fine
0:50 Why DeFi matters
1:08 PayPal's new policy
2:48 Regulating user behavior
4:01 Prior shutdowns
4:37 PayPal isn't the only one...
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4:57
hkim2294
1 year ago'PayPal polices 'intolerance,' even after free speech backlash'
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12:15
Go Right with Peter Boykin
1 year agoPayPal Pulls Back, Says It Won’t Fine Customers $2,500 for ‘Misinformation’ after Backlash
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5:11
Hayden Otto
1 year agoPayPal in Damage Control as Users Revolt Over Misinformation Policy
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5:20
American Virtue
1 year agoPayPal : An Evil Company That's Treading on our Freedom
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8:23
TheFurnishedMind
1 year agoPaypal Backtracks: $2500 Misinformation fine was in 'Error'
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10:00
JMReports
1 year agoPaypal customers will have to pay 2500 for misinformation Elon Musk goes against paypal LIES
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10:34
Bill Whittle: Conservative Opinion | Humor
1 year agoNot Your Pal: Could 'Misinformation, Intolerance and Hate' Get $2,500 Yanked from Your PayPal?
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1:03
Veronicabluray
1 year agoPayPal Thinks They're Slick
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Winner Take All Podcast
2 years agoPayPal Founding COO Calls Out Financial Deplatforming By Big Tech
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Cheap Tea
1 year agoPaypal Won't Fine You $2500 For "Misinformation" (Except They Tried To.)