.PayPal polices 'intolerance,' even after free speech backlash
."Or saying things that sharply condemn, say, government officials in ways that some might say involve 'promotion of hate'? Or praising people who have acted violently ? If PayPal thinks it's bad, it'll just take your money."
Others noted the $2,500 damages that PayPal says can be taken directly out of accounts isn't evident to most users."The fact that the $2,500 damages clause is still in the PayPal policy today still seems like a pretty big deal,"Mike Masnick."Hiding the fact that a company might take $2,500 from you by burying it in an acceptable use policy no one is going to read seems like not a great thing, whether or not the policy includes 'misinformation' as a triggering event.
The revoked policy update relating to"misinformation" was criticized by the company's founders after it was released. The update to the AUP"goes against everything I believe in," former PayPal President David Marcus said in a Saturday tweet. Elon Musk, who was a co-founder of the company, likewise the update"goes against everything I believe in." Musk and fellow co-founder Peter Thiel have been vocal advocates for free speech.
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