Article 132KN PayPal Continues To Drive People To Bitcoin And Other Solutions As It Starts Cutting Off VPNs & Open Internet Solutions

PayPal Continues To Drive People To Bitcoin And Other Solutions As It Starts Cutting Off VPNs & Open Internet Solutions

by
Mike Masnick
from Techdirt on (#132KN)
There's a fairly long history of Paypal being completely obnoxious in shutting down the accounts of basically anyone challenging the status quo in any way. Nearly all of our stories about Paypal follow a similar pattern: See a pattern yet? So, given all that, it's hardly a surprise to find out that Paypal has cut off a VPN service, arguing that because it might possibly maybe be used for copyright infringement, Paypal won't be a part of it. No, this doesn't make any sense, but as you can see from the list above, it seems pretty clear that if there's even a whiff of concern or challenging legacy businesses and beliefs, Paypal will cut you off. Because it can.

And, yes, there now are many other solutions out there, but Paypal still remains one of the easiest and most popular payment systems, even as many other companies try to take that crown away. Still, increasingly shutting off services that help protect users and enable an open internet seems like a piss poor way for Paypal to thank the open internet that made it possible in the first place. It seems likely that the more Paypal cuts these kinds of services off, the more likely it is that alternative payment systems will be deployed. Paypal may not care. After all, it's been doing this for years, but sooner or later, it's going to realize that it's just been opening up a big opportunity for others.

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