Bitcoin Forum

Other => Politics & Society => Topic started by: sounds on January 09, 2013, 11:31:15 PM



Title: Forbes.com: PayPal Assault On File-Sharing Sites Makes Business Case For Bitcoin
Post by: sounds on January 09, 2013, 11:31:15 PM
Forbes.com (http://www.forbes.com/sites/jonmatonis/2013/01/09/paypal-assault-on-file-sharing-sites-makes-business-case-for-bitcoin/) says "blocking the money streams to these sites would be a more 'fruitful'" and "censorship-resistent bitcoin appears to solve the problem by providing a decidedly nonpolitical currency."

What's even more surprising is that Forbes.com is quoting Torrentfreak so much...

Torrentfreak: PayPal Demands Invites to Private BitTorrent Trackers (http://torrentfreak.com/paypal-demands-invites-to-private-bittorrent-trackers-130108/)

Torrentfreak: PayPal Bans BitTorrent Friendly Hosting Provider PRQ (http://torrentfreak.com/paypal-bans-bittorrent-friendly-hosting-provider-prq-121224/)

The bad news: "PayPal is so widely used that donations would drop if forced to rely on lesser-known payment methods" like bitcoin.