PayPal Dystopian Censorship Scheme Backfires | Climax

PayPal recently published a disturbing, borderline dystopian “misinformation” policy promising to fine users who commit speech crimes.

It further noted that the company would access users’ bank accounts and subtract them $2,500 fines if they ran afoul of PayPal’s subjective perspective on “misinformation.”

After news of this policy update emerged, the backlash was swift and severe. Countless social media users posted about their decision to cancel their PayPal accounts in light of the disturbing policy. The company’s stock took a hit, and critical press coverage spread like wildfire.

The pressure campaign worked. Well, sort of.

PayPal quickly walked back the “misinformation” policy. The company claimed that the policy was released in error.

So I guess you could say the original policy was, um, misinformation?