PayPal Today Betrays Its Founders’ Vision for Democratizing Money
The payments processor, famously, now often drops customers for what appear to be political reasons, as Indian economist Rupa Subramanya explainsEarlier this year, we wrote about PayPal starting to “fine” users for “misinformation” and wrongthink. While there is certainly misinformation out there, the alarming Disinformation Governance Board proposal and the Twitter files revelations underline the limits of what Big Government, Big Tech, or Big Business can do beyond simply imposing an official opinion. Of course, the official opinion may be based on a faulty understanding of the problem. The banned individuals may merely be better informed. PayPal, famously, now often drops customers for what appear to be political reasons, as Indian economist Rupa Subramanya explains: One by one, they go to start their business day only to find a baffling message from their payments app informing them: “You can no Read More ›
