Live data from Hacker News

PayPal’s Objectionable Terms Are Back, $2500 Fines for Content They Don’t Like

viewfromthewing.com

11–20 of 66 posts

Re: PayPal’s Objectionable Terms Are Back, $2500 Fines for Content They Don’t Like

#11
post #4

God I hate to say it, but Bitcoin fixes this (with the Lightning Network). https://lightning.network/ I am not a Maxi, but Jesus what other options are there?

Cash, checks, Visa, Mastercard, Amex, Discover, barter.

> Cash

Slowly being phased out.

> checks

Already spotty usage.

> Visa, Mastercard, Amex, Discover

Censorship possible.

> barter

Viable, but foolish considering it's cumbersome and we live in an age where perfectly viable technological solutions exist. It's like having an iron but pressing your shirts between books out in the sun.

Re: PayPal’s Objectionable Terms Are Back, $2500 Fines for Content They Don’t Like

#12
post #4

God I hate to say it, but Bitcoin fixes this (with the Lightning Network). https://lightning.network/ I am not a Maxi, but Jesus what other options are there?

zelle v̶e̶n̶m̶o̶ cashapp revolut ach wire ... and if you're concerned about centralization ethereum solana cosmos avalanche fantom monero aptos polygon ...

Zelle is more restrictive then paypal, and heavy limits, $500 daily - and more of a black hole then paypal.

Re: PayPal’s Objectionable Terms Are Back, $2500 Fines for Content They Don’t Like

#13
post #4

God I hate to say it, but Bitcoin fixes this (with the Lightning Network). https://lightning.network/ I am not a Maxi, but Jesus what other options are there?

How will Bitcoin fix it? If I buy a video card with bitcoin, but get sent a brick instead, how does "Blockchain as Arbiter" get my bitcoins back?

Re: PayPal’s Objectionable Terms Are Back, $2500 Fines for Content They Don’t Like

#14
post #4

God I hate to say it, but Bitcoin fixes this (with the Lightning Network). https://lightning.network/ I am not a Maxi, but Jesus what other options are there?

How will Bitcoin fix it? If I buy a video card with bitcoin, but get sent a brick instead, how does "Blockchain as Arbiter" get my bitcoins back?

lets you decide who to trust to have the power to approve chargebacks instead of defacto trusting the fed

Re: PayPal’s Objectionable Terms Are Back, $2500 Fines for Content They Don’t Like

#15
post #8
post #4

God I hate to say it, but Bitcoin fixes this (with the Lightning Network). https://lightning.network/ I am not a Maxi, but Jesus what other options are there?

None. Bitcoin is the only way to solve this problem, 100% outright. As long as trusting other humans is a part of the equation, problems of corruption, censorship, etc. will always be a problem.

You do realise that money was created to deal with a lack of trust, and that every time you ‘transact’ in money you’re actually expressing your lack of trust in your counterpart’s ability to “make good” on a barter?

Re: PayPal’s Objectionable Terms Are Back, $2500 Fines for Content They Don’t Like

#16

Earlier quoted context omitted.

How will Bitcoin fix it? If I buy a video card with bitcoin, but get sent a brick instead, how does "Blockchain as Arbiter" get my bitcoins back?

lets you decide who to trust to have the power to approve chargebacks instead of defacto trusting the fed

"The fed" doesn't approve chargebacks.

Re: PayPal’s Objectionable Terms Are Back, $2500 Fines for Content They Don’t Like

#17
post #8
post #4

God I hate to say it, but Bitcoin fixes this (with the Lightning Network). https://lightning.network/ I am not a Maxi, but Jesus what other options are there?

None. Bitcoin is the only way to solve this problem, 100% outright. As long as trusting other humans is a part of the equation, problems of corruption, censorship, etc. will always be a problem.

[deleted]

Re: PayPal’s Objectionable Terms Are Back, $2500 Fines for Content They Don’t Like

#18
post #4

God I hate to say it, but Bitcoin fixes this (with the Lightning Network). https://lightning.network/ I am not a Maxi, but Jesus what other options are there?

How will Bitcoin fix it? If I buy a video card with bitcoin, but get sent a brick instead, how does "Blockchain as Arbiter" get my bitcoins back?

Paypal refused me a refund after someone didn't even send me a brick, but just sent me someone else's FedEx shipment confirmation. Didn't even say my address and was delivered before I ordered. I was instantly denied because their shitty AI dispute process just checks the FedEx zipcode. Paypal wouldn't even let me talk to a real person. Fuck that company.

Use a credit card instead. Luckily, I payed paypal through a credit card. So I disputed it through the bank instead.

Re: PayPal’s Objectionable Terms Are Back, $2500 Fines for Content They Don’t Like

#19
post #11

Earlier quoted context omitted.

Cash, checks, Visa, Mastercard, Amex, Discover, barter.

> Cash Slowly being phased out. > checks Already spotty usage. > Visa, Mastercard, Amex, Discover Censorship possible. > barter Viable, but foolish considering it's cumbersome and we live in an age where perfectly viable technological solutions exist. It's like having an iron but pressing your shirts between books out in the sun.

> Crypto

Viable, but foolish considering it's cumbersome.

Re: PayPal’s Objectionable Terms Are Back, $2500 Fines for Content They Don’t Like

#20

Earlier quoted context omitted.

lets you decide who to trust to have the power to approve chargebacks instead of defacto trusting the fed

"The fed" doesn't approve chargebacks.

at a deeper level it does
Post reply on HN