If you don't like cryptocurrency stop making it necessary.
At this point I believe crypto whales will intentionally ruin conventional financial institutes and systems.
PayPal shuts down long-time Tor supporter
41–50 of 196 posts
Re: PayPal shuts down long-time Tor supporter
#42"We don't like what you are doing, and are going to hold your money for six months. I hope you don't subsist on it, or have any business obligations to attend to. We'll call you." This should be illegal for Paypal to do, period. Absolutely illegal. And if it is on behalf of a government or banking/fraud regulations, then the person should be referred to relevant agencies. Let's be clear and drop the pretense: They ar…
PayPal has been doing this for more than a decade now. I wouldn't be surprised if its part of their business model to hold funds indefinitely and to collect interest on them.
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Re: PayPal shuts down long-time Tor supporter
#43Holding the money hostage for half a year on a 20 year old account? Not surprising. Paypal and their other entities like Ebay are pretty shit when it comes to nuance and their impact on others. Had a 15 year old Paypal business account (parent started it and I took it over ~7 years ago) and last year they shut it down because I, as the new owner, was not 18 when the account was created. Nothing from the support but "…
Not that it really matters to your points, but eBay and Paypal split in 2015.
Not only did they split, they just forced all sellers to move from PayPal to direct deposit: https://gizmodo.com/ebay-and-paypal-finally-break-up-for-goo...
Re: PayPal shuts down long-time Tor supporter
#44Stop using paypal. They neither pay or are your pal.
Pals don't let pals pay with Paypal.
Re: PayPal shuts down long-time Tor supporter
#45We turned off PayPal for certain countries, because the "buyer protection" found too often in an obviously fraudster favour. (reinjection of label into UPS network, forged label for return address etc. PayPal doesn't care as long as there is a tracking number... who cares where it goes to right?).
Anyone who has ever had anything to do with PayPal as a Seller will tell you the same thing, as a buyer, always order with PayPal, and you'll always win.
Re: PayPal shuts down long-time Tor supporter
#46Holding the money hostage for half a year on a 20 year old account? Not surprising. Paypal and their other entities like Ebay are pretty shit when it comes to nuance and their impact on others. Had a 15 year old Paypal business account (parent started it and I took it over ~7 years ago) and last year they shut it down because I, as the new owner, was not 18 when the account was created. Nothing from the support but "…
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Re: PayPal shuts down long-time Tor supporter
#47News like this is proof that cryptocurrencies like Monero are necessary.
It’s proof (not that we needed any) that centralized finance does not have your best interests at heart, and they can and will abuse their power.
Re: PayPal shuts down long-time Tor supporter
#48Earlier quoted context omitted.
> they don't know that Isn't that already covered by > first time we have heard about
Paypal has denied that funding of Tor nodes is the reason for closing the account so the EFF is making claims without any proof.
No. Paypal denied giving any details. It could be 100% because of Tor, could be 100% unrelated to Tor. Who knows, that's what EFF is disputing.
Re: PayPal shuts down long-time Tor supporter
#49#BitcoinFixesThis
I wonder where all the people that complain about cryptocurrency’s energy consumption went.
It may be a problem, but it’s a hell of a lot better than situations like this. Cryptocurrency was created precisely for this reason - giving financial freedom back to the individual in a censorship-resistant manner, because it was obvious as day to the cypherpunks that created it, that governments and corporations would abuse our financial freedom where possible.
Re: PayPal shuts down long-time Tor supporter
#50Earlier quoted context omitted.
Are you sure it is being confiscated? He will have a claim then. What can happen is when your credit card / other payment providers cuts you off is that you go out of business. You might fail to provide services to users - so they do a chargeback / ask for a refund from payment provider. So when a payment provider is shutting you down, they usually want to hold onto some money to be able to handle those refund reques…
So PayPal is holding onto his money in case he incurs expenses as a result of going out of business due to PayPal cutting him off? And this seems normal and good to you?
The beatings will continue until morale improves.