This Is The Worst Company In The World
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- Опубліковано 25 чер 2024
- PayPal has one of the worst reputations in the world and its centralized business model poses a threat to all users.
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Monero:
84DYxU8rPzQ88SxQqBF6VBNfPU9c5sjDXfTC1wXkgzWJfVMQ9zjAULL6rd11ASRGpxD1w6jQrMtqAGkkqiid5ef7QDroTPp
Bitcoin:
1FuKzwa5LWR2xn49HqEPzS4PhTMxiRq689
Ethereum:
0x6aD936198f8758279C2C153f84C379a35865FE0F
Companies that handle your money have a responsibility to their shareholders. They need to pay out dividends and increase share prices, otherwise investors might bail. Serving customers neutrally is risky, because at least some of them might use their service in ways that produce really bad PR.
PayPal’s terms of service redefines what money means. Its narrow acceptable use policy makes money function as a permissioned tender. You cannot use your funds however you want. PayPal has a broad definition for which payments require pre-approval and which ones are not allowed at all. It isn’t the only financial company susceptible to the failures of centralization, but it’s a perfect case study for why you shouldn’t trust any single authority when it comes to your money.
Sources
PayPal sucks www.trustpilot.com/review/www...
PayPal's acceptable use policy www.paypal.com/en/webapps/mpp...
Ridiculous examples of PayPal financial censorship
Tardigrade
news.bitcoin.com/the-moss-pig...
/ 1304434532293046272
www.geekwire.com/2020/weird-s...
/ 1394399401263632384
Cancelled without explanation
mises.org/power-market/paypal...
/ paypal-closed-my-accou...
/ 1304443884005740544
Cancelled for speech
www.theguardian.com/technolog...
www.huffpost.com/entry/tech-c...
www.theverge.com/2017/8/16/16...
www.buzzfeednews.com/article/...
www.cnet.com/news/paypal-and-...
mashable.com/article/epik-dom...
www.nytimes.com/2021/01/10/te...
Screening based on keywords
thegrayzone.com/2020/01/09/pa...
www.coindesk.com/venmo-censor...
www.businessinsider.com/venmo...
/ 1394417124458827780
Censoring publishers
news.bitcoin.com/pornhub-acce...
www.wired.com/2010/12/paypal-...
www.thepaypalblog.com/2010/12...
www.forbes.com/sites/andygree...
www.coindesk.com/blackballed-...
www.washingtonpost.com/nation...
PayPal under investigation www.washingtonpost.com/busine...
PayPal's crypto lure
newsroom.paypal-corp.com/2020...
blog.trezor.io/why-you-should...
PayPal's compliance with government mandates
www.bbc.com/news/technology-3...
OFAC home.treasury.gov/policy-issu...
newsroom.paypal-corp.com/Keep...
PayPal's integration into China
www.reuters.com/article/us-ch...
edition.cnn.com/2019/09/30/te...
techcrunch.com/2021/04/28/pay...
Censorship by other centralized financial institutions
www.huffpost.com/entry/bank-o...
stripe.com/restricted-businesses
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Not to mention when buying crypto on paypal you are not given access to the seedphrase as well as not being allowed to send it outside of paypal, they are treating it as a stock for you while they buy up the supply for themselves. ON PAYPAL YOU DO NOT OWN YOUR CRYPTO
@@crypto_admin4150 ^is a crypto scammer, watch out.
@rocketloans.customers scam
"Elon musk, the belle Delphine of tech bros"
- Sun Tzu, The Art of War
Lmfao !!!!!
don't insult Belle like that neckbeard, she is self made hotty and you are just a hump pillow at best. :p
To be fair to Elon, he sold out of PayPal years ago. I wonder if its policies would be less crooked now if he had not.
@@joesterling4299 that's a tough call. It really could go either way. It's not like tesla is a shining example of corporate morality lol
@@mrt1957 lol!!!
Without strong voices of opposition we'll soon have social credit scores. This couldn't be more dystopian.
we already have social credit scores, and literal credit scores!
We already do have social credit scores. Not in the government issued Chinese way, but from private business. Look at what happens to people when they say something "unacceptable" on Twitter
Oh I can't wait. I'll race you to -1000000
Your avatar is cool.
Maybe you’ve seen it but there is a black mirror episode on this
"If you're asking for permission, then you're not free." -- Dave Cullen
True
@@crypto_admin4150 You've got to be joking... are that's right your a bot.
Piss off.
Have a good one.
Ciao.. !
@@88njtrigg88 - Bahahahahahaaa! Fantastic.
please also check out the channel "Rob Braxman tech" for more privacy information, he makes similar videos!
wow, so well said
I've never used PayPal and now I know I never will. Thanks The Loved One.
What is alternative?
Me too
@@SujitJadhavINDepends on your country, If you are in the US then use Monero Crypto currency as centralised financial services in US are evil. If in any other country look up on Google to find out.
1:35 " if crimes are being committed, the law should go after the people and not tame the funds. "
very well said..
Well the "law" has equal hand in the "crime" my dude
@@prakharmishra3000 so true, I totally agree with that.
and your profile pic is same as mine..
@@suprithAnCom yeah i noticed lol
the channel "Rob Braxman tech" has videos similar to this one, please check them out!
@@ms-fk6eb you said it and he got recommended to me the next day... UA-cam
So they don't want me to need an ID to vote but I need one to make a PayPal account??
It's been a while since I created a PayPal account but do they actually require any kind of authentic identity when creating the account? I imagine if you wanted to fund the account from a bank account or a credit card, you would need some kind of identity info, but if your PayPal account was setup to receive funds and to send funds, from the PayPal balance, would an actual identity be needed?
@@TheCocoaDaddy you dont need an ID but the minute they lock you out, they will request an ID
@@Kittysuit Thanks for the clarification. If I've been locked out, then "all bets are off", in my opinion. So, I can see requesting proof of identity or whatever. I was responding to Maverick Walker's statement, which seems like an overstatement to me. Thanks Kittysuit! :)
Why do companies care that their services are used for illegal things? I think that it's not their job, it's the job of law enforcement agencies.
I'm not sure but I would think that these law enforcers are holding them liable for facilitating such transactions, these companies don't want governments sweeping through their systems and would rather take matters into their own hands.
Reputation does indeed matter, I see why, even tho they mostly do it wrong. Not saying it’s ok
"Elon Musk, the Belle Delphine of tech bros"
that is so fucking accurate
Thats wild and he deserves an award honestly im never gonna forget that
this man talking me out of using centralized apps and services
for a great reason
@@crypto_admin4150 thanks, I did that but why did you send me so many photos of goasty and hairy naked men? I'm not into that I thought I was learning about crypto
need more reasons? check out the channel "Rob Braxman tech" for more privacy information. :)
PayPal has longer wait times and higher transaction fees than Bitcoin, completely unacceptable for a centralized service
Musk didn’t found PayPal. He joined as an investor and was forced to leave before it was even rebranded as PayPal.
Shhh!!! Rocket go muuun!
Nope.
I was looking for a comment stating this. I would have expected that this channel would have mentioned it.
Aw shit my comment was meant for another comment hahaha
@@19trwind82 yes i was surprised as well. there are many videos on this out already. the story around Elon has been manipulated on purpose to fit the idolization. For example Tesla's firm history has been rewritten to exclude the original founders. so that is just plain lieing to any 'normal' person. but is it known by the people buying tesla cars? i dont think so.
I know a guy who was paid by a guy, $100,000 for home improvements and additions, through paypal. They slammed him with a "laundering money" limiter, but still took their $10,000 service charge and not letting the other $190k go through.
Handing a multi-billion dollar corporation a few million dollar fine is a joke. Now if the fines were say 10-20% of their worth, and people actually went to jail for their crimes, we might see some changes in their behavior. Till then, it's business as usual for them.
Lets up it to 50%, it would make them think everything through 300 times.
But lets be honest that will never happen, we would need to have apostoles for politicians with God given moral spine
@@Hakunamatata-zr5wj Yeah, you're right about that. We'll need some rope. Can't let God do all the work!
these corps are as powerful as some countries, the channel "Rob Braxman tech" has even more information about all of this, please check them out!
@@beatlejuice7755 Sure! I like the fact that they are reusable! Waste not, want not! LOL!
They call it the PayPal mafia for a reason.
Thank you for this video. I needed this. You have helped teach me and more importantly you have helped correct a lot of things I have done to compromise my security, privacy, and freedom. Your content is truly a blessing.
What's weird is the calyx institute uses PayPal to process their credit card orders. For a company so into privacy and security they force users to use bitcoun or PayPal. Sad.
Elon Musk was actually a failure in PayPal, most of his code has been redone line by line.
Source?
@@projectnightingale6595 debunking Elon Musk 1 & 2
@@darthinvader1937 thx dude
Thanks for sharing man, I've just finished watching both parts and always thought to myself that there's lot of sketchy stuff going on with Musk. Now I know how much.
@@darthinvader1937 thanks for sharing man, I learnt a lot and also those videos gave pretty good investment advice, not to invest in tesla stocks.
Never use PayPal unless you done mine losing your money. They are legal crooks!!
Google sucks? For privacy and non-manipulated search results, yes, but for actually finding stuff Google is sometimes actually better than DDG.
after you scroll for a while to get the natural results...
Use startlage. It's Google results without tracking
Elon musk , the belle delphine of tech bros
Never would’ve thought about that
I don't know why a Paypal competitor - or heck, a dozen of them - don't already exist since Paypal is so profitable.
Its always so refreshing to hear these kind of information you provide, because you dont usually read them in the Newspapers etc.
You're not free if you need their approval to send your money (non illicit purposes)
PayPal , eBay ,and Amazon, all trigger negative thoughts.
Great Information PRIVACY with these Companys is SCARY thanks for the update👍😎
Never had any issues that didnt get resolved with a 3 hour period with paypal.
Commenting for the algorithm, I watched the ads and I love this video THO, can’t wait for part 2 :)
I can't wait for part 2 as well. My engagement for the algorithm. :)
For me the most exciting part about crypto mass adoption is that payment processors can no longer cancel you. Ever wonder why there is no highly politically incorrect media content? It's partly because they wouldn't be able to use payment processers.
The only thing now is: is there a alternative to PayPal
Use crypto currency
@@aksingh3167 That's not enough.
Try wise (previously transferwise)
I love your work more than what anyone can imagine
The Hated One, 2025: "Delete the internet"
EDIT: Wouldn't be such a bad idea at this point tbh.
delete humanity.
i wouldn't mind
@@Mkrabs same :/
@@Mkrabs Great idea. Start with yourself.
@@Mkrabs same
I don't care
@@user-eu5ol7mx8y show good example, oh you kind one :P
Paypal wasn't founded by elon It was founded by four guy who aren't indeed elon. But they did buy a website from elon because the law paper work was premade and they include it in paypal. after that they fired elon because he wasn't great at his job...
Love your work bro
If you are into guns PayPal completely discriminates against you as if you are a criminal. Closed my PP account over a year ago. PayPal does not dictate to me what I can buy or sell that is legal but to them is bad. PayPal your company policies are bad! Hopefully word gets out. I've also heard since they're not really a bank they can work around the laws and confiscate your money at will.
Yooo he unlisted it!
Reported Crypto_Admin. Fuck that guy.
Please keep on posting daily
@@TheHatedOne we're just addicted by your amazing work 🤣 simply
REALLY interesting content! Thanks
Elon Musk did not create PayPal. A black man from Martinique created PayPal.
@@megabatmanmegaman8530 At the end of the day, everyone is literally just brown, lighter or darker doesn't matter, but calling a person by the factual tone of his or her skin is not very racist, intent matters here.
People are to blame, many people are way too soft when it comes to standing for what's right, afraid that it will ruin their public image. Meanwhile, slowly few mentally sick people taking over more and more. Today it's not your problem, but it will be one day..
The mind of a slave asks, "Is it legal?". The mind of a free man asks, "Is it right?"
Just the fact that musk founded paypal is gonna make me stop using it and I dont even make private or personal transactions with it. Just basic purchases when i dont wanna give my card out
Paypal is the worst company. Now everyone is ditching it. It charges fees but does not protect anyone.
I would use a different form of payment... if it was available in my country. Most of the online shops use either credit cards or bank tranfers or paypal... thats it
Dislikes are from PayPal employees
I'm sharing this on Reddit, Twitter, and to those who still use PayPal.
Having an intermediary might be good for some cases
Great video, thanks.
Thank you for bringing this to our attention. Do you suggest, that the one-star rating of Paypal is the result of their financial censorship?
PayPal has always been a pain in the ass, it's just bad.
I logged into my PayPal account having not used it in years. I had intended to use it to purchase flowers but had to update a few details first. Within a minute an automated process had frozen my account. In a similar amount of time I went from someone who was prepared to grudgingly use it to someone who never would again. I'm glad I didn't have any funds there.
Great video as always! Maybe you could make a tutorial on how to set up and use a Monero wallet?
Yes, we need this. I am very new to the Monero. Please The Hated One, make a proper tutorial for a beginner in Monero. We would like to donate to you! Thank you.
Another thing is people can easily have their life screwed over by people donating money and then doing a chargeback. PayPal will almost always side with the customer even if you provide information that shows they did in fact receive their product.
Your work is amazing thank you so much. What can we use to get paid online instead of PayPal ?
I tried to relog into an account after a few years. They changed the policy that blocked Google Voice SMS 2FA (which I used to hide my real number). I went to get support and support requires that you are authenticated to get support for authentication... because they are awful.
When I left a review on my own blog website / domain on how I was scammed on PayPal for hundreds, PayPal put pressure on my domain host and had it shut down. I never use PayPal these
Days unless I am desperate and even then it’s only got a couple of dollars never anything higher
Watch out. They can remove $2500 from your bank for "misinfromation".
Wikileaks, PayPal, bitcoin... All owned by the same people, don't be fooled. There is no saviour, there is only you. And you are all there is ❤️
Who owns Bitcoin? How? One link by anyone, please
I use Ebay a lot, and Amazon isn't a solution either ! We are already SCREWWDD. Ebay use PP as standart.
Ebay don't use PayPal now
@@protieus6214 What you mean, they are same company now. As I heard several times, all Ebay's CC transactions are made through then.
@@luizcarlosf2 no there not I don't need PayPal at all in UK... to use ebay...
@@protieus6214 Dude, in background Paypal process all the payments. It doen't means that you have to log on PP... Go do some search, they are same company now.
30 minutes of convincing my hairdresser to stop using payPal (she doesn't use it likely, but still). Excellent.
Stopped using PayPal long ago
If a China based operation is established, user data must surely be more vulnerable to a state actor also.
It's no wonder I never wanted a paypal account.
Nothing new fren. Thanks for bringing it to the wider public
ok, so this is painful - PayPal is the only Fiat funded anonymous digital service out there that has cross national usability for normies. ePayment, transferwise and others are not available in the middle east for example. Also, it has been very isolated due to it's arbitrary rules from the main stream current of KYC. You can still have anonymous PP account and use the money in the real world with a basic bank account. Something you can't do on most crypto exchanges, in most regions.
I am happy to listen to options - but I am not going to convince my bosses to file for KuCoin account anytime soon, and the local tax man has direct access to the reports Binance and Revolut store on me.
Can you do a thing on Wise (was transferwise). I'm curious if they are better in terms of service?
They are worse like PayPal. Avoid them.
Here’s the sad thing for me... nobody I know seems to care at all. They act perfectly fine with it :(
Someone actually tell the truth
Deleting PayPal right now. Thanks.
Why is nobody just using cash any more? Like it has to be accepted anywhere by law..
❤️ from india, keep it up friend 😃😃
Amazing work 🙏🙏
I don't trust PayPal to handle my transactions but the unfortunate truth right now is many sites/services I use don't support payment methods like Monero. Sure I could easily abandon PayPal and start giving out my card details to everybody but that's stupid so I'm forced to use PayPal because it "somewhat" protects my card details.
Until peer-to-peer payment methods become more popular, of course PayPal stays as king.
We've used them for years for our business. They are the worst. I hate them but what can I do.
"After Pay" is gaining wider and wider use, I wonder if they'll let you pay in Monero
Or ARRR
Whoah, don't get Elon mixed up in this. He had PayPal taken over & he is very angry with the direction the company has gone.
Monero is the second most private coin after Pirate Chain.
Source?
Let's be honest here. The humanity has already lost. Everything.
Not really, they don't have full control......... yet
Paypal is garbage thats a given, but saying that poor pornographers couldn't get their money because of paypal - might not be the best line of arguing if you want anyone to care about it.
Haha, so true. I'd be glad to hear that porn sites can't make money
As soon as I can find a job I'll be monthly donating with crypto. I've been watching your channel for awhile now and you do amazing work! Keep it up!
I might get a gaming computer on paypal credit and just not pay them back.
They have a black list they send to other companies. If you have issues on paypal, you may have issues on stripe and square
Soooo very true..
The problem with crypto currency is its volatility compared to standard currency. If you're a small business owner it's difficult to accept crypto because you have prospect of high gain or high losses equally in the short term
Banking, exchange, crypto, social media, internet, etc. services shouldn't be allowed to ban or censor people from their platforms unless they're legally required to do so.
9:21 that is a man in conflict 😂 I like his glasses though
Just a little notice:
I am not a Patreon, and i can watch this video due it's in a *PUBLIC* playlist, which makes the video publicly accessible via the playlist
EDIT: *this video was unlisted before*
me too
lmao james you great mod!
@@user-cl5gv9ep6g lmao
What does that have to do with anything? He has stuff on his Patreon that he doesn't post here for people who donate, and he puts some free content out here, like this video.
@@alphaleonis986 wow you sound angry, maybe you hear me out first. So this video was Patreon only(unlisted on youtube) and my point was, since this video was in a public playlist, non-patreon people like me, could watch it.
p.s. i edited the 1st message, since i forgot to say that it was unlisted, which may caused the confusion for you, since when you wrote this comment, this video was already public for everybody
Way ahead of you. Got rid of PayPiss a long time ago. :)
Yeah PayPal fucked my business and refuses to tell me why unless I get a lawyer. I'm just an artist who makes contract art for various game devs.
I'm banned by name, meaning if a service has PayPal as the only payment gateway I simply cannot buy from them unless the card I use does not have my name. This has been a serious problem in some cases, and there's literally nothing I can do about it.
i once know an asia family who working in Australia who got banned with 10k aud in their account , poors them she cried so much and asking for help in our vietnamese group
Please do a video about how to get started with Monero!
I’m curious to what crypto wallet you use?
Hi the hated one, what do u think about zcash, is it as anonymous and good as monero?
American its crazy , they be forced to use what they not like the finance app to pay money , kkkk
I don't allow cookies from it, as well as not using it.
My tor browser was on with clearnet, my vpn was on, java script was off and security was on safest. Am I screwed now?
I don't need to....they banned me 🤣
Just learning about that Delphine child...... 🤔😵🤯
I've been open minded with you
Already dumped PayPal long ago. As soon as they started playing politics.
Not sure about the "Worst company" part, but definitely bad. I'd say, Nestle would be worse.
Never used one myself
They're done, ebay and its subsidiaries further crippled paypal to lessen the numbers of people making money outside of Ebay markets.
So you recommend monero and bitcoin as a replacement for paypal ?
The Logo is very similar to Planned Parenthood. I cancelled my account 6 months ago... No going back.
pay pal charge $41 late fee every month paying on time and the interest charge is crazy,clossing my account next month,calling this peoples is no help.