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The Moss Piglet Dilemma: Paypal Bans Payments to Merchants Using the Word ‘Tardigrade’

The popular payment provider Paypal has been known for cutting off a number of merchants and organizations over the years. This week, the public found out that Paypal has been censoring merchants that sell items related to the name “tardigrade” just because a Balkan arms dealer uses the same name. The story shows just how beneficial censorship-resistant money is today and how centralized monetary systems are ultimately doomed. Ever since Paypal came out in 2001, the payment platform has seen broad use and a great number of users worldwide leverage the system. However, the payment processor is a centralized system,…

Continue Reading The Moss Piglet Dilemma: Paypal Bans Payments to Merchants Using the Word ‘Tardigrade’

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