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Gavel and dollars banknotes on table

Can PayPal Really Fine You $2500 for “Misinformation”?

Does the firm hope to grow rich off “fines” for Incorrect opinions? This episode will do nothing to allay suspicions

Update: PayPal Value Down $6 Billion, ‘Delete PayPal’ Searches Soar 1,300% After Daily Wire Report Exposes ‘Misinformation’ Policy In an unusual sequence of events, PayPal announced the proposal: A new policy update from PayPal will permit the firm to sanction users who advance purported “misinformation” or present risks to user “wellbeing” with fines of up to $2,500 per offense. The financial services company, which has repeatedly deplatformed organizations and individual commentators for their political views, will expand its “existing list of prohibited activities” on November 3. Among the changes are prohibitions on “the sending, posting, or publication of any messages, content, or materials” that “promote misinformation” or “present a risk to user safety or wellbeing.” Users are also barred from “the Read More ›

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Crypto Currency Digital Market Monitor

Will Popularity Spell Doom for Bitcoin?

How is that possible? Well, Bitcoin and other cryptocurrencies have a hidden weakness…

Cryptocurrencies, from Ethereum to Bitcoin to Dogecoin, seem to be all the rage these days. Altcoins (i.e., lesser-known cryptocurrencies) have become increasingly mainstream. The increasing fracturing and pluralism in the cryptocurrency space has meant that few people are directly trading with any particular currency. Most users go through trading and wallet platforms where the platform —not their own computers—hosts the cryptocurrency. Additionally, transactions are increasingly processed via third parties as well, not directly on the cryptocurrency platform. This separation between the user and the direct cryptocurrency platform has enabled a new option: a payment gateway for a website that collects payments in a number of different cryptocurrencies using a single set of tools. PayPal, one of the top gateways, recently Read More ›