PayPal busted in attempt to penalize users $2,500 for ‘misinformation,’ caves once plan was exposed
While you were busy enjoying life over the weekend, PayPal launched a plan to take money from you if you spread what they consider to be "misinformation." They have since changed their mind once this plan was exposed, and claimed the new terms were published in -- and I quote -- "error."
The tumbler merchants at The Daily Wire first reported the Big Tech company would expand its “existing list of prohibited activities” on November 3. This included new prohibitions on using the platform for “the sending, posting, or publication of any messages, content, or materials” that “promote misinformation” or “present a risk to user safety or wellbeing.”
Unclear is who the company would use to determine what's "misinformation," but you are free to guess. Users who spread the alleged "misinformation" would be liable for damages — including the removal of $2,500 “debited directly from your PayPal account” per offense.
PayPal was unhappy that this scheme was exposed. They were quick to claim it was made in -- again, and I quote -- "error."
Why, yes! It is the same "error" that appears to go in the same ideological direction as all the other Big Tech "errors."
JUST IN - PayPal spox on $2,500 fine: "An AUP notice recently went out in error that included incorrect information. PayPal is not fining people for misinformation and this language was never intended to be inserted in our policy... We’re sorry for the confusion this has caused."
— Disclose.tv (@disclosetv) October 8, 2022
PayPal will already ban you if you have a political opinion they disagree with. Taking money out of your bank account over what they call "misinformation" is something new. It harkens back to one in our series of "Pay Attention, America" blog posts, where an Australian bank wanted to control your behavior via auto loans. Here's what we wrote:
This bank, I'm sure with the backing of the government, wants to control behavior. What about when it's your bank? Or your credit card company? What if your bank decides you can't use your credit cards to buy meat in the name of "sending a signal" to the market? Or blocks you from buying baby products because someone decided you are only allowed to have two kids and you have three?
What if the financial company you have been using since they first took over eBay and have become your go-to for internet shopping decides if you spread "misinformation," they will take $2500 out of your account? The scheme was focused on people who use PayPal for business or non-profit reasons. If they got away with it in those instances, there would have been nothing stopping the company from doing the same to average customers.
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