Anybody owning a Paypal account should close it immediately

Do you have a PayPal account? If so, close it immediately or be prepared to lose it sooner or later.

Who would have ever thought this even a couple of years ago but companies like “Big PayPal will be watching you” soon!

PayPal has established a policy of deducting $2,500 from each account when the account holder is “misinforming”. But of course, the so-called misinformation is in the eye of the beholder. So, who is the judge here, of what is “misinformation” and what is not? PayPal can consider misinformation to be anything they disagree with even if facts and science are on your side.

Here are 2 facts simply serving as examples:

1. The COVID vaccines are not real vaccines; they are experimental DNA-modification therapies that do not stop you from getting infected and do not stop the spread if you do get infected.

2. Masks don’t work because the SARS-CoV-2 virus is only 1/5000th the size of the weave. The virus goes right through the mask.

Those are all facts, but they are treated, by Social Media companies but also by PayPal as misinformation. Do not let Paypal take your money. Simply close your account.

PayPal’s stock lost $6 billion in market value when the new policy was published and a #StopPayPal movement started on social media. The company then tracked back and announced it was not fining users for misinformation and that it was all a misunderstanding. But what is there to misunderstand? A close look at PayPal’s terms of service shows clearly that providing “false, inaccurate or misleading information” will be punished and they did not remove this part, it is still included in their Terms of Service.

But misleading according to whom? Paypal will decide. Not only does PayPal threaten free speech with this effort, but they also lie about the threat when challenged. It can’t get worse than this.

It always paid off to read the small print. The best response to fight for your personal freedom is to close your PayPal account. Hit them where it hurts them most. Maybe a wave of account closures, resulting in a stock price crash will demonstrate your willingness to oppose such efforts and gives PayPal a wake-up call. There are many good alternatives to PayPal around.

Sven Franssen