PayPal's co-founder Peter Thiel has slammed the payments company for exercising 'totalitarian' control of its user's funds, while Elon Musk has compared it to an episode of Black Mirror.
In talking with TFP, Sacks argued that PayPal, under the leadership of current CEO Dan Schulman, is trying to cash in on the woke culture movement by banning people with opposing views.“It’s a symbiotic relationship—he implements their agenda, and, in exchange, they give him awards, and that furthers advancement up the corporate totem pole of woke capitalism.”
To list just some of PayPal’s notable deplatformings, it has shut down the accounts tied to the censorship-free focused Freedom Phone startup, news website Consortium News, the Free Speech Unionlockdown sceptic blog The Daily Sceptic. All of which could be deemed as leaning right politically, or at least as holding alternative views.
Responding to the article from The Free Press, Elon Musk, the now-CEO of Twitter and CEO of SpaceX and Tesla said that the platform has become an episode of Black Mirror — a British television series that usually presents some form of dystopian future where people are controlled by technology.With the threat of deplatforming being in place for some, crypto proponents have of course pushed the “Bitcoin fixes this” narrative due to the network’s decentralization and censorship resistance.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bay Area rapper Symba praises Elon Musk after boos at Chappelle show: ‘Elon was just being Elon’The up-and-coming rapper proudly posted a photo of himself backstage with Musk, after the Twitter CEO was loudly booed during his cameo at the end of Chappelle’s show.
Read more »
IRS cracks down on apps like PayPal, VenmoThe IRS is cracking down on people making an income through applications like PayPal, Venmo and Etsy.
Read more »
Why using Venmo or Paypal could create tax headaches in the coming weeksWhy using Venmo or Paypal could create tax headaches in the coming weeks. A new change for 2022 means money-exchanging apps need to report more activity to the IRS.
Read more »
Elon Musk invites blacklisted Stanford professor to Twitter headquartersOn Sunday, Bhattacharya tweeted that he spent Saturday at Twitter headquarters after receiving an invite from Musk.
Read more »
Elon Musk relaunches Twitter Blue with higher price for iPhone usersTwitter has restarted Twitter Blue, where users can pay a monthly fee for a blue checkmark, along with the ability to edit tweets and upload high quality video. Web users will be charged $8, but those purchasing through Apple will be charged $11.
Read more »
Elon Musk booed by crowd after Dave Chappelle brings him on stage at comedy gigMusk's appearance at a Dave Chappelle show in San Francisco was met with a chorus of boos from the crowd.
Read more »