Posted on 10/10/2022 1:18:17 PM PDT by Red Badger
After Big Tech Giant PayPal told the whole world they would be fining people for ‘misinformation’ ($2500!!!), and then tried to backpedal claiming it was a mistake when the pushback was of a GLOBAL nature, seems their stock is kinda sorta taking a beating today.
And by kinda sorta, we mean a serious beating.
Couldn’t happen to a nicer, more deserving company.
Oh yes, yes we can.
At the time of this writing they’ve rebounded a bit (only down 5.64%) but pretty safe to say their actions are impacting their stock in a bad way. And c’mon, did they really think anyone would believe them? They ACCIDENTALLY told the world they’d fine people $2500 for misinformation? This would have gone through legal, design, user experience … this had to be something they’ve been working on for quite a while.
This was no accident.
They just didn’t think they’d get nuked the way they did.
And thank God they did.
Misinformation Fine.
Ri-damn-diculous.
Just when we thought 2022 couldn’t get any dumber.
Ditto. I use my credit card for most things except armament stuff and because it is on line with my bank account I keep it paid off- use it like cash. It has become a game t zero the balance as soon as there is one. In 20 years I have paid 7 dollars interest when I took a couple of months to pay off an airline ticket. I got the card so I could buy airline tickets. Then the temptation to just put off payment a bit to buy something now that I could have waited for was almost overpowering but I looked at those numbers and a voice in my head sad dammit your already spent that money. Move the damned digits. It took some mental strain to learn how to use a card but it can be dne. My son had to learn the hard way when h let his now ex-wife run up $20k in credit card debt on an E5 sergeant salary. His younger sister took over control of his finances for him and sold some of the gawdy garbage his wife had acquired and paid his bills and etc and got him clear in a year. He has since adopted my attitude and is using his own card that no one else has access to much more wisely.
PayPal account deleted today.. minor inconvenience but tired of the ideological BS infecting everything.
Yeah, I deleted my 20 y/o PayPal account (”w/data deletion”) last night. Venmo (owned by PalPay) is next...but for some reason Venmo is giving me 2nd factor login errors...gee, I wonder why...hard to delete your account if you cannot log in to it! ;-)
Thank you!!
Seriously? They’ve gotta be Demonicrats.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.