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Billionaire venture capitalist and PayPal co-founder Peter Thiel has been a long time proponent of Bitcoin. At the Future Investment Initiative in Riyadh, Saudi Arabia, Thiel once again reiterated the potential of Bitcoin, stating that people are underestimating it.

PayPal banned Jihad Watch and the American Freedom Defense Initiative from receiving online donations using their platform because of the site’s “activities” after being designated as “hate sites” by left-wing groups.Jihad Watch was reportedly banned from PayPal on Saturday after ProPublica – a George Soros funded investigative group – targeted the site and its director Robert Spencer (not to be confused with white nationalist Richard Spencer) in a hit piece that claimed the site was guilty of “extreme hostility toward Muslims.”The assault on Jihad Watch began on Friday when Spencer received an email that he described as a “threatening” from ProPublica...

When a neo-Nazi psychopath plowed his car into a crowd of Leftist protesters in Charlottesville, the Left saw a golden opportunity to use the moment as its Reichstag Fire, and indulge its increasingly obvious authoritarian tendencies. But when they came after Jihad Watch, they overreached. On Saturday afternoon, the Soros-funded hard-Left website ProPublica published a hit piece calling upon PayPal and other new media giants to block Jihad Watch and other groups that have been defamed by the Southern Poverty Law Center (SPLC) as "hate groups." ProPublica's Lauren Kirchner complained that Jihad Watch's "designation as a hate site hasn't stopped...

Online payment company PayPal has banned Jihad Watch and the site’s director Robert Spencer from accepting online donations using the service. PayPal has reportedly suspended the account of Jihad Watch, according to the website’s director, Robert Spencer. In a post on Jihad Watch calling for the boycott of PayPal, Spencer outlined his correspondence with the company over a number of emails. PayPal’s suspension of Spencer’s account came shortly after an article published by Lauren Kirchner of ProPublica who criticized tech companies such as PayPal that allow Jihad Watch to utilize their online services. “Because of its “extreme hostility toward Muslims,”...

Apple (NASDAQ:AAPL) has added PayPal (NASDAQ:PYPL) as a payment method in the App Store, Apple Music, and iTunes, according to a blog post by PayPal COO Bill Ready. The payment option starts today in Canada and Mexico with a U.S. rollout coming soon. The PayPal payment option will show up under account settings and payment methods in a device logged into an existing Apple ID. PayPal shares are up 3.58% premarket.

Blair Gladwin, owner of the California based Gladwin Guns and Ammo, filed three class action lawsuits last week against online payment processors PayPal, Stripe, and Square for singling out him and other firearms businesses. The payment companies required Gladwin and the other owners to reveal the nature of their dealings — after which the payment companies refused to work with them. Gladwin claims this type of discrimination is a violation of California’s Unruh Civil Rights Act Sections 51, 52(a) and 52(c), a law that protects federally-licensed gun stores from such refusals of business transactions. The class action lawsuits, according to...

https://www.youtube.com/watch?v=AWaquDNvggU

In response to Peter Thiel's pledge to donate $1.25 million to Donald Trump's presidential bid (reported by the New York Times on Sunday), some in the Silicon Valley-centered tech community are going public with a call to reject any company willing to do business with the PayPal co-founder. In addition to co-founding PayPal and data analysis software firm Palantir, Thiel sits on the board at Facebook and is a part-time partner and investor in startup seed fund Y Combinator. Thiel substantial donation to Trump doesn't come as a surprise--he did have a prime-time speaking slot at this summer's Republican National...

Peter Thiel is putting his money where his mouth is. The billionaire PayPal cofounder is donating $1.25 million to Donald Trump's campaign, according to a source close to Thiel. Thiel has been a vocal supporter of Trump -- one of the most prominent in Silicon Valley. He spoke at the Republican National Convention and made history when he declared on stage that he was proud to be gay. Thiel's donation will be given through Super PACs and directly to Trump's campaign, according to the source. This is the first time Thiel will be donating to Trump. The donation was first...

Living here in Silicon Valley, one of the world's wealthiest areas and home to thousands of affluent tech entrepreneurs, it is hard to imagine life in the Occupied Palestinian Territory. Life there is fraught with power outages, water restrictions, lack of medical supplies, an education system that has been weakened by bombings and forced closures, and high unemployment.

Since rumors began to spread that a startup called Palantir helped to kill Osama bin Laden, Alex Karp hasn’t had much time to himself. On one sun-baked July morning in Silicon Valley Palantir’s lean 45-year-old chief executive, with a top-heavy mop of frazzled hair, hikes the grassy hills around Stanford University’s massive satellite antennae known as the Dish, a favorite meditative pastime. But his solitude is disturbed somewhat by “Mike,” an ex-Marine–silent, 6 foot 1, 270 pounds of mostly pectoral muscle–who trails him everywhere he goes. Even on the suburban streets of Palo Alto, steps from Palantir’s headquarters, the bodyguard...

I was excited when I first heard that Peter Thiel was going to be a speaker at the Republican National Convention.  While everyone naturally focuses on what Trump and Pence will have to say, Thiel, often labeled an “eccentric billionaire,” could help rebrand the Trump-era GOP. Like Trump, Thiel is flamboyant and loves shaking things up.  Andrew Styles of Heat Street: Thiel, who is also a Trump delegate to the convention, is an interesting choice. In some ways, Thiel’s support for Trump makes a lot of sense. Both are billionaires who like to disrupt the sh*t out of the status...

A curious thing happened today with my Paypal account. I was trying to add money to Paypal from my bank account and I got an Error message that said I cannot add funds at this time. So I called Paypal and the young lady that answered the phone apologized and told me I would need to talk to a specialist. The specialist came on the line and informed me that I did not need to add funds to my account because Paypal would go ahead and pay whatever charges I made on my Paypal debit card and just pull the...

We are opening up our non-profit home school co-op for registration and other purposes. We are loathe to use the bigoted Pay Pal, because of its hatred of keeping children safe from predators. I can "google" alternatives, but I would prefer to hear any real world recommendations my fellow freepers might have.

A new report suggests that young educated South Africans plan to leave the country to work abroad, rather than plough their knowledge back into the local economy. The report comes from PPS, an insurance, investment, healthcare and financial planning specialist for graduate professionals. The company’s latest Student Confidence Index (SCI), conducted among over 1,500 South African students, revealed that 54% of the respondents plan to move abroad for work purposes in the next five years following their graduation. It follows a report published by New World Wealth, which showed that white millionaire numbers have decreased dramatically in SA – from...

NOTE: PayPal pulls out of N Carlina but over anti-LGBT bill, but continues to have HQ in Singpore. +++++++++++++++++++++++++++++++++++++++ A FOUR-YEAR battle ended yesterday, when Singapore's highest court upheld the constitutionality of Section 377(a) of the country's penal code, which renders any man convicted of committing "or abet[ting] the commission of...any act of gross indecency" with another man liable to two years in prison. Tan Eng Hong first challenged the law in September 2010, after he was charged under 377(a) for having oral sex with another man in a public-toilet stall. Two years later a second challenge was raised by...

I got an email from the AFA today. It said, in part: "If you have a PayPal account, join American Family Association and cancel it today. Also, be sure to let PayPal know why you are canceling. TAKE ACTION Cancel your PayPal account today. Here's how: To close your account: Call: 1-888-221-1161 -Or- 1. Log in to your PayPal account online. 2. Click the Profile icon next to "Log Out." 3. Click "Close your account" under "Account options." If you don't have a PayPal account, you can still call and share your concern. If you're looking for an alternative to...

Last week, many 2nd Vote members asked about alternative ways to make and process online payments after e-commerce giant PayPal joined the liberal misinformation campaign in North Carolina. The California based company announced that it would stand against North Carolina’s common sense protections for small business owners and religious liberty and withdrew plans for a global operations center in Charlotte in an attempt to bully the state economically.   Subsequently, our research team noticed a growing company called ProPay that provided many products for online merchants.   After looking very closely at ProPay’s record of advocacy on the issues, the company has earned...

2nd Vote Identifies "Better Alternative" to PayPal Last week, many 2nd Vote members asked about alternative ways to make and process online payments after e-commerce giant PayPal joined the liberal misinformation campaign in North Carolina. The California based company announced that it would stand against North Carolina's common sense protections for small business owners and religious liberty and withdrew plans for a global operations center in Charlotte in an attempt to bully the state economically. Subsequently, our research team noticed a growing company called ProPay that provided many products for online merchants. After looking very closely at ProPay's record of...

"The new law perpetuates discrimination and it violates the values and principles that are at the core of PayPal's mission and culture," CEO Dan Schulman wrote in a memorandum on the company's website. That's what a corporate bully looks like, folks. Conform to the demands of radical cultural militants or pay the price. "It is corporate blackmail," Lt. Gov. Dan Forest told me. But PayPal is not just a big business bully – they are also hypocrites. "PayPal does business in 25 countries where homosexual behavior is illegal, including five where the penalty is death," NC Rep. Robert Pittenger wrote...