That’s the trouble with power hungry people like the WEF elitists.
Sure, PayPal is walking back the Speech law $2500 fine for crossing the newspeak language roles that they arbitrarily made up, or did they?
Globalist Blunder: WEF-Controlled PayPal Unleashes Chinese Social Credit Ambitions Prematurely
Based on PayPal and the WEF’s past statements, actions, and future goals, it is more likely they are mad they got caught, not sorry.
World Economic Forum’s (WEF) partner, PayPal, is walking back its new policy based on the Chinese Communist Party’s (CCP) “social credit” model after causing international outrage. Although PayPal claims its policy was released in error, it’s what the WEF and its “partners” have been threatening for years, a global social credit system that will give them the power to control citizens and punish those they deem “untrustworthy.”
Controversy
In 2020, PayPal (which also owns Venmo) changed its policy, and the company coerced users to agree to a $2,500 PayPal fine if they violated the their acceptable use policy.
Subsequently, on October 7, 2002 the globalist company announced that beginning November 3, 2022, PayPal would expand the existing list of prohibited activities and seize $2,500 per offense from users if the company deems someone guilty of spreading ‘misinformation’ or “discrimination” of groups or individuals based on gender identity.
“The new policy update from PayPal will permit the firm to sanction users who advance purported ‘misinformation’ or present risks to user ‘well-being’ with fines of up to $2,500 per offense,” explained the DailyWire,
There is more, the link is above.
This is what they can and want to do if they get control of your money.
The war on information freedom is intensifying by the day. This little victory over PayPal is sweet, but everyone knows it’s a temporary concession. They didn’t like the bad public relations messaging. Since the release of the policy, the company has likely experienced a record number of account cancellations. They changed the policy to stop the bleeding.
In that sense, we have seen what works. At the very least, these people have to obey market signals because they have a customer base and must deal with the basic demands of bookkeeping. They not only have to please government interests, but also the public insofar as they still depend on willing users.
Still, the trajectory here is very clear. It’s the most frightening step in the ongoing rise of tyranny in the world today that your very ability to move money or even to earn an income will be officially declared as contingent upon the opinions you express.
It’s next-level despotism that hasn’t yet happened in any systematic way in the United States. In China, this has become institutionalized. The past year has shown us many examples of how the Chinese Communist Party uses digital apps to turn on or off people’s ability to speak, associate, travel, and move money. Compliance is everything.
To some extent in Canada, this is already happening, as the government invaded the bank accounts of protesting truckers and those who supported them with donations.
It’s About Power And Control
How much does it matter that PayPal reversed course? It isn’t entirely clear. They showed their hand and revealed a much deeper and scarier plan that relates to the Biden administration’s intention to create a new central bank digital currency. This will be programmable money, one that would allow a ruling elite to cut off your means to live if they so choose.
It’s all too tragic. PayPal was set up initially as a means of obtaining financial independence from government-controlled banks. It even hoped to become an independent form of money. All these years later, it has been captured by interests that have the very opposite ambition. In truth, many people out there cheer the prospect.
That’s how intense the political war has become in this country. We used to debate. We used to talk. We reveled in the freedom that was guaranteed by a constitutional republic. Today, many interest groups—many of them associated, for now, mainly with the left—no longer want to play that game. They want you deplatformed, canceled, and even left bereft of your ability to earn a living or feed your family.
It’s a new age of brutalism, and the technologies that were supposed to prevent it are now being deployed to usher it in and entrench it.