Paypal Can Be Your Judge, Jury, and Executioner Now!
Oh, well, what's new?
You are being watched!
When you deposit your money on a bank account, you are giving unsecured credit to the bank, and if all banks went, pun intended, “bankrupt,” the FDIC would cover 50 cents out of every 100 dollars.
Relieving bankers from any legal repercussions started in the 1980s and was completed under the Clinton administration by 1999:
https://www.ajjacobson.us/modern-banking/separation-of-commercial-and-investment-banking.html
Recently, PayPal stocks lost about two thirds of their value, but insiders are still winning:
https://seekingalpha.com/article/4529024-paypal-the-rebound-is-finally-here
It nearly looks like intentionally driving the company into bankruptcy, as seemed to be the case with Sears or the ongoing developments with GE. Or maybe, that’s not what it looks like, but it is exactly what’s happening.
A warning sign is included in PayPal’s upgraded user agreement. According to it, the company can take $2,500 out of your account, if it decides that you are spreading misinformation, whatever that means. Well, normally, in the last 32 months, it meant that you are saying things that differ from the official narrative. Now, as the official narrative is part of gaslighting people, it keeps changing all the time; some people say that the “authorities” keep moving the goalposts. That was easy to observe as the WHO kept changing its definition of a “pandemic” first (originally, the word meant a widespread disease that claims a large number of lives, but it was changed to “cases” that people can represent even without symptoms, save the fraudulent PCR tests). The WHO also changed the definition of a “vaccine” from a preventative shot that provides immunity, to an injection that might do more than nothing. Both are history now.
Supporters of the Canadian truckers had their bank accounts frozen, and Australian politicians want to enact a law that would give police unprecedented power, including forced “vaccination” at road blocks, entering your home without a warrant, or holding you without a charge (oops, that trophy belongs to the “Patriot” Act in the US).
Here are the details of the story:
Oct 7th, Dailywire
Oct 8th, Dailywire
After public uproar, PayPal supposedly backs down:
Oct 8th, Mediate
PayPay even nominates a scapegoat:
Oct 8th, BGR
The policy, however, remains intact:
Paypal AUP
The misinformation part is removed from the summary, but retained in the small print:
https://www.paypal.com/us/webapps/mpp/ua/useragreement-full?locale.x=en_US#restricted-activities
The full PayPal user agreement is here, in case you are bored:
https://www.paypal.com/us/webapps/mpp/ua/useragreement-full?locale.x=en_US#
Don’t chase illusions; this is only the start. What could save the world from CBDCs, anyway?
Yup, this is de-skustin' though I hear they have walked it back because of public outcry (that means lost $$$$ from some heavy-hitter users pullin' out) https://tinyurl.com/2p8bfh5m
Either way I think this is a TEST to see what folks'll tolerate while they figger out turning on the social credit malarkey--
So I'd call this a "coy test interruptus" !
Credit Cards do not fine you but can block purchase. When digital money rolls out barter will save us. Or we become frugal. Make it do, use it up, do without.