It's probably meant to cover legal fees, in the event they get sued for hosting someone that uses hate speech.
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"PayPal tells users it will fine them $2,500 for misinformation,. . .
- Thread starter Quagmire
- Start date
It's probably meant to cover legal fees, in the event they get sued for hosting someone that uses hate speech.
That would just make me suspicious.
That's a good point. I hadn't thought of that, but it makes sense. I wonder whether that would truly be their intention behind a fine if they implemented it, though.
Does Paypal own a social media platform that they are policing, or are they policing platforms that are not part of their business?
Maybe the intentions were good but that kind of power could be misused.
There are also economic consequences and I believe there would be a gazillion lawsuits if they had tried that stunt.
replace "could" with "would".
Any money that flows through them, from a customer, is their business. Whether it's social media generated or personal.
Who gets to decide what is "misinformation"? "What is truth?" Pilate once asked.
If they suspect any illegal activity associated with their financial transactions, the proscribed course would be to report them to the proper authorities instead of usurping the role of judge and jury themselves.
One form of fascism is the melding of corporations and government, which this seems to be.
Shadow Wolf
Certified People sTabber & Business Owner
The ToS is their problem because they deliberately make them very long and confusing to discourage people reading them. Seriously, many of them have a staggeringly higher word count than what many of Shakespeare's plays have. That is deliberately done and as well banned in many places (especially the anti-consuner aspect that makes the agreements very one sided).
Or we just sit by and do nothing and hope more places don't morally judge us amd penalize us in such ways and get stuck having to use such a place.
You can do both in this instance. Reprimand and fine, than report to authorities.
Yikes, time to cancel my account. Younger people aren't using PayPal, anyway. They're using Cash App. PayPal is a dinosaur and Gen Z views it with as much disdain as they do Facebook (they're on Snapchat and TikTok).
The government and corporate media would have to be banned/fined. Lol.
I disagree with them fining for what they determine to be hate speech. They can sever business with them, or they can ban them from social media outlets they run, but it is not their place to fine for hate speech. Any penal damages would have to be employed by the proper authorities. They cannot usurp the role of government in this respect.
Nope, they most certainly do not.
Also not neccessarily true (although I agree there is an onus on the user).
Contracts which are deliberately confusing, lengthy, obfuscate key points, or otherwise result in everyday people being forced to employ contract lawyers in order to sign up for the internet or a phone service, or (heaven forbid) play a game on a playstation are definitely in a grey area in relation to contract law.
Yeah, imagine someone putting some of their savings in a PayPal account only to have $2,500 deducted from them for, say, making anti-vax posts or agreeing with Fox News.
Ban them if you're a private entity and don't want them on your platform, but don't entitle yourself to their money after appointing yourself the Minister of Truth. That's not what people use banks and other financial services for.
I think there was a famous line from Shakespeare about what should be done with all the lawyers. They're probably the ones writing these Terms of Service agreements. I have read some of them, although one encounters them quite frequently.
One would hope that they're not putting in some bizarre clause in these things. Maybe I've clicked on the wrong box and inadvertently sold my soul to the devil.