4 ms·

> which don't arbitrarily ban accounts or seize funds because the feel like it "Don't" isn't "can't". Paypal didn't arbitrarily ban accounts due to their opin

by nullc 4y ago

> which don't arbitrarily ban accounts or seize funds because the feel like it "Don't" isn't "can't". Paypal didn't arbitrarily ban accounts due to their opinions until they did. (Though they've pretty much always arbitrarily seized funds -- even back in 2011 the most common reason people showing up in Bitcoin IRC channels cited for their interest was that paypal had at some point in the past randomly seized their funds without explanation and then stonewalled them) > they didn't give a reason or outline which T&C did they break Giving a reason is pure downside to the deplatformer as it exposes them to criticism both over their policy and over their errors. Providing one to third parties could expose them to defamation lawsuits. Better to say nothing and let the rumor mills crowdsource an acceptable excuse that they can adopt later if required.

rvz 4y ago
> Better to say nothing and let the rumor mills crowdsource an acceptable excuse that they can adopt later if required. So what would you tell those who already signed up to PayPal, had their accounts locked, and can't access their funds for months and need an explanation as to why their accounts are locked? Wait for PayPal and close down their business? What viable alternatives do you suggest for those affected then?
- nullc 4y ago
  Better for paypal, not the victims. To be clear: I don't support their actions, but I think its easier to correct them if we don't moralize for a bit and look at the incentives they're responding to. There isn't a good solution for people who have their funds frozen that I'm aware of. :( You can mitigate your risk ever so slightly by being setup to be able to accept bitcoin: it won't get back seized funds but it can make a blockade by commercial actors even coordinated ones less damaging, but how viable that is depends a lot on the nature of your business and it certainly isn't without it's own problems. I wonder if any insurance policies for small businesses might cover account seizures?
deleted 4y ago
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by nullc 4y ago

rvz 4y ago

> Better to say nothing and let the rumor mills crowdsource an acceptable excuse that they can adopt later if required. So what would you tell those who already signed up to PayPal, had their accounts locked, and can't access their funds for months and need an explanation as to why their accounts are locked? Wait for PayPal and close down their business? What viable alternatives do you suggest for those affected then?

nullc 4y ago
Better for paypal, not the victims. To be clear: I don't support their actions, but I think its easier to correct them if we don't moralize for a bit and look at the incentives they're responding to. There isn't a good solution for people who have their funds frozen that I'm aware of. :( You can mitigate your risk ever so slightly by being setup to be able to accept bitcoin: it won't get back seized funds but it can make a blockade by commercial actors even coordinated ones less damaging, but how viable that is depends a lot on the nature of your business and it certainly isn't without it's own problems. I wonder if any insurance policies for small businesses might cover account seizures?

deleted 4y ago

[deleted]