Play stupid games, win stupid prizes.

A new policy update from PayPal will permit the firm to sanction users who advance purported “misinformation” or present risks to user “wellbeing” with fines of up to $2,500 per offense.

The financial services company, which has repeatedly deplatformed organizations and individual commentators for their political views, will expand its “existing list of prohibited activities” on November 3. Among the changes are prohibitions on “the sending, posting, or publication of any messages, content, or materials” that “promote misinformation” or “present a risk to user safety or wellbeing.” Users are also barred from “the promotion of hate, violence, racial or other forms of intolerance that is discriminatory.”

Well of course, that went over large.

Tilting at Windmills, responds:

PayPal, as part of Big Tech, got a wake-up call.

For years, they de-platformed groups because they didn’t adhere to progressive orthodoxy and worked against people who wanted to use their services for various lawful activities, like gun sales.

They got away with it because even if people were outraged, many at least accepted that as a private company, they could do as they wished, even if customers didn’t like it. A lot of people griped about it, but PayPal was still about the only game in town.

Today, there are competitors like Stripe, Venmo, and Cash App. People aren’t confined to using PayPal.

Yeah, it’s amazing what a little free market will do.

It would appear that the mass Exodus from PayPal after they tried this fascist nonsense surprised them. It should not have.

I’m not sure I buy their claim that this update on their policy went out in error. I think they intended to virtue signal with this nonsense. When people started for the exits, they began to realize that they drilled a hole in the bottom of their boat and went scrambling to patch it.

T@W goes on to point out that the Hunter Biden laptop story was labeled misinformation. I would add that if we’re going to attack misinformation, let’s attack who was responsible for the Steele dossier.

In the end, PayPal doesn’t deserve your trust, or your business. Let them sink.

Good riddance.

And by the way, let that be a message to banking institutions who virtue signal by who they do business with.