Live data from Hacker News

US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories

arabnews.com

51–60 of 193 posts

Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories

#51

Isnt this what Bitcoin is for? Use Bitcoin. There are services that will convert bitcoin to other currencies and vice versa. We don't need paypal.

Why would people use Bitcoin over sending USDC or other USD stablecoins directly on any other chain?

Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories

#54

Earlier quoted context omitted.

> I've had absolutely terrible experiences with Palpal. Lawmakers should be urging everyone to use a better service, forget worrying about PayPal's ban. I'd rather have the government enforce something like user-friendly free globally available instant payment and settlement system. Then none of these shady services would be required. Fox example, a version of SWIFT, but instant, free and distributed.

That's not going to be possible, alone because there are countries like Iran or North Korea or maybe-countries like Palestine which are sanctioned for good reasons.

What good reasons? Kim Jung Un can send boats with gold bars. Meanwhile I can't send money without the bank asking me 'what ya gonna do with "your" money little friend?'

Just have the money in escrow for 30 days or whatever if fraud is a concern.

It is all about messing with us and showing who is in charge.

Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories

#55

Earlier quoted context omitted.

Literally do a web search for any first world country and domestic terrorism and you'll find an instance of it. The argument you have made also implies that USA should be disconnected from PayPal.

Is it really domestic when the effective governing body in Gaza and some of the West Bank is Hamas? Should we not sanction countries ruled by terrorist organizations?

I'm fine with that as long as the definition of terrorism is objective and not ideological/political. What objective definition of state terrorism applies to Palestine but not the state of Israel?

Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories

#57

Earlier quoted context omitted.

these aren’t solders on either end. If a Palestinian non combatant resident kills an Israeli child. The Palestinian or their surviving family will get a payment. And yes, many Israeli children have been killed through such programs.

If a Israeli kills a Palestinian child (like this [0]) and is later killed himself, would his family receive survivorship benefits? If Palestinian fighting men aren't soldiers does that mean Israel is killing non combatants? [0] https://www.unicef.org/press-releases/eight-palestinian-chil...

Survivorship benefits are paid to survivors of a dead loved one. It sounds like OP is alleging that Palestinians can get paid for killing Israeli children. Those are very different ideas, I'm curious why you think that's a survivorship program.

The UN and Geneva Convention define "combatant" and "non-combatant". Being uniformed is merely the ethical thing to do. Combatants also don't necessarily need to be armed, like in the case of spotters who have killed or mamed far more people than most folks realize, including civilians.

Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories

#58
post #2

I wish lawmakers would urge (or force?) PayPal to actually give you a detailed reason when they freeze your account and effectively confiscate your money. I still have hundreds of dollars tied up in the limbo of "your account is frozen but we won't tell you why."

They have specific laws that BAN them from giving detailed reasons for why they froze your accounts. Giving you a reason, or sometimes even hinting that there might be a problem, would be classified as "tipping off", which is a federal crime and can land even the lowliest finance worker in jail.

People need to read up on AML (anti-money laundering) laws. They are a bit insane.

Know them because I've worked in regulated financial companies for years and have had to do the mandatory training about a dozen times.

Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories

#59
post #2

I wish lawmakers would urge (or force?) PayPal to actually give you a detailed reason when they freeze your account and effectively confiscate your money. I still have hundreds of dollars tied up in the limbo of "your account is frozen but we won't tell you why."

Actually, PayPal's action are definitely not just hostile customer support but something about their risk protection (which includes US government data) has tripped off and they can't legally tell you (the legal term is "tipping-off"). PayPal has many questionable decisions but this one is not even PayPal's fault (or more alternatively the US government forces every financial institution to act hostile "in the name o…

Not just the US. Most, if not all, developed economies have similar laws.

Re: US lawmakers urge PayPal to end ban on Palestinians in Occupied Territories

#60

Earlier quoted context omitted.

It's the other way around. If you're flagged for AML investigation, telling you it would be tipping off and explicitely illegal.

If you are engaged in money laundering then the very fact that your funds were frozen is enough of the tip-off. If you’re not then they might as well tell you about their suspicions. If you were mixed up in some money laundering scheme involuntarily you might even be willing to help the investigation

Maybe, but not legally.
Post reply on HN