PayPal Has Merely Reworded the Same Policy

PayPal Has Merely Reworded the Same Policy
The PayPal logo on a smartphone in front of the same logo displayed in this illustration taken on Sept. 8, 2021. Dado Ruvic/Reuters
Jeffrey A. Tucker
Updated:
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Commentary
When PayPal updated its Acceptable Use Policy to say it could confiscate $2,500 from users who spread “misinformation,” many people were stunned. The stock price was hit hard and it is still falling, off 53 percent from the high this calendar year. Many people closed their accounts. One supposes that many also transferred money out for fear it would be taken.
Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]
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