Comments on: Paypal Restores Account of BitTorrent Friendly VPN

By: chrisfrd

chrisfrd — Thu, 13 Sep 2012 04:37:00 +0000

That would be a bad business decision – Bitcoin is VERY safe. We use it DAILY to process about 4000-5000 bux worth of inventory. Very handy indeed.

We buy components using it, manufacture and sell using BTC.

Additionally – it’s VERY WELL regulated. It’s just not GOVERNMENT regulated. For us it means we save approximately 35% in TAX!

By: John Don

John Don — Tue, 11 Sep 2012 18:33:00 +0000

It’s just too bad–though not from the standpoint of a (bio)culturally conservative ideological agenda–that they would use their ‘legal rights’ to politicize their business practices.

By: John Don

John Don — Tue, 11 Sep 2012 17:35:00 +0000

Typical paranoia and disinformation from biocultural conservative.

By: ThumbsUpThumbsDown

ThumbsUpThumbsDown — Fri, 31 Aug 2012 21:47:00 +0000

An effective Internet wide boycott of Paypal by p2p filesharers would be nice; but, even nicer would be an aggressive, perhaps collective, perhaps ACLU and EFF driven, campaign of litigation to hold Paypal accountable for triple the losses incurred by its clients. After all, Paypal’s actions are completely extra-judicial ptivate actions whose legal merits and legal standing, at best are unclear; and, at the worst, are completely without foundation.

Of course, we’ll be given the standard pablum about File Sharers and their intermediaries being no different than criminal drug dealers withthout presumptive rights to transact business within the legal financial system. Yet, this conclusion did not come to us with the same blessed bolt of light that gave us the Mosaic Tablets; and, neither can it be found enshrined within the Constitution of The United States.
In fact, what can be found within that Constitution are standards of Civil and Criminal Due Process that set the bar of Proof and Evidence far higher than mere third party allegations and accusations. What’s more, the DMCA does not say that an intermediary VPN is a Copyright infringer occupying the shoes of its infringing Customers.

Paypal is free to act on wrong decisions, but it must be held fully to the right liabilities.

By: Joe

Joe — Mon, 16 Jul 2012 13:37:00 +0000

LOL, just like every other currency…

By: Guest

Guest — Thu, 12 Jul 2012 16:10:00 +0000

Gung-ho diplomacy: shoot first and ask questions later is the very essence of how not to treat business partners and lose all your friends very quickly.

Paypal: The end is nigh. The very market that adopted your business
model so thoroughly is the very savvy market that will swiftly dump you
unceremoniously.

By: Umarabid2

Umarabid2 — Mon, 09 Jul 2012 23:12:00 +0000

Is torguard any good for vpn servers for torrents as i need to know assp

By: ????? ??????????

????? ?????????? — Sun, 01 Jul 2012 20:14:00 +0000

Nope. ECB is backed by European governments. BC is backed by NO ONE.

By: Lee

Lee — Sun, 01 Jul 2012 17:31:00 +0000

As opposed to the Euro, which is backed by the full faith and credit of Greece. (thing chain, strength and weakest link) Not that the US Dollar is much better standing. No currency is backed by anything more than promises. And all can crash. Even the Germans have had it happen…

By: John Spartan

John Spartan — Sat, 30 Jun 2012 17:31:00 +0000

Paypal may not be a bank and therefore not governed by banking laws, but it is NOT LAWLESS. In-order for Paypal to interact with your bank account it has to agree to follow certain regulations in countries where it operates, if it starts taking your money and then not deliver the services it has promised then Countries could start denying Paypal the right to operate in those Countries.

Paypal is a registered company in Nebraska, USA. The local attorney generals office gets thousands of complaints about Paypal. They even have a specific division for dealing with paypal, even if you don’t live in the US your best bet is to contact them.
http://www.ago.ne.gov/consumer_protection