PayPal Fines Up To $2,500 For Intolerance: Bitcoin Fixes This

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The User Agreement lays out terms and conditions for services users are allowed to use with funds from PayPal, allowing the censoring of its customers’ money.PayPal has a fine in place for “intolerance” for up to $2,500 embedded into its terms and conditions.Located in PayPal’s User Agreement, the company states:“You acknowledge and agree that $2,500.00 U.S. dollars per violation of the Acceptable Use Policy is presently a reasonable minimum estimate of PayPal’s actual damages.” The Acceptable Use Policy includes a clause that warns against “t ...

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