Domain: tiger-web1.srvr.media3.us How damaging is PayPal issue regarding fines for disinformation? | Page 4 | Money Talk
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re: How damaging is PayPal issue regarding fines for disinformation?

Posted on 10/10/22 at 9:07 pm to
Posted by jimjackandjose
Member since Jun 2011
6703 posts
Posted on 10/10/22 at 9:07 pm to
They really want to control the think tank stuff out there. Especially with all the so called conspiracy theories with Covid coming true.

Internet has allowed people to communicate and learn without a state run media. This was done on purpose to test reaction. They want to move globally on this with a social credit score system which they are already piloting.
Posted by Free888
Member since Oct 2019
3074 posts
Posted on 10/11/22 at 8:30 am to
Once they lose a customer, I would think it will be difficult to regain that account as the person will have found an alternative payment mechanism. Their next earnings report will be interesting, as they'll need to disclose a material change in accounts.

They're also going to run into an issue with businesses. Tim Pool mentioned last night that he's lost a bunch of legacy PayPal customers (he no longer uses it on his site but permits existing accounts to continue with autopays). Questioned whether businesses have a recourse against PayPal due to their actions.
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3717 posts
Posted on 10/11/22 at 9:37 am to
Good point, I chose not to re up with Hulu after the divorce. But then again, most of the subscription based services are on PayPal's team.
Posted by MSTiger33
Member since Oct 2007
21535 posts
Posted on 10/11/22 at 11:05 am to
I cancelled my account. Had one since 2005
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
80181 posts
Posted on 10/12/22 at 6:13 am to
Short term, yuuuge.

Long term, the general public has the attention span of a gnat, and business accounts have nowhere else to go.
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