PayPal's new AUP can take your money if you say something they disagree with

I closed my PayPal account immediately when I saw this. I'll stop using Venmo, too, just in case, since they are PayPal-owned.

If you care about freedom of expression, there are enough good payment providers out there that switching shouldn't be hard.

PayPal expands terms of service to give themselves more ambiguous reasons to freeze your account and take your money. More news at 11.

Seriously, PayPal's reputation has been ruined for over 10 years at this point. If this is your first indication to drop them, you're very far behind the curve.

More comments on a recent thread here: https://news.ycombinator.com/item?id=33134249

Arbitrary use of power[0] is to be expected from centralized payment processors like PayPal, Stripe.

While crypto currencies like Bitcoin have their shortcomings. They do solve for this.

[0]: https://thelawdictionary.org/arbitrary-power/

Political power has been giving way to private interests since the 90s. It seems lately that this is accelerating in bursts. The list of private governments included the media and NGOs , nowadays we should add social networks and payment mediators. Eventually we ll get to the corporate government we always wanted

There gone, was only using it for minor things...

How many separate posts do we need about this?