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Bitcoin => Press => Topic started by: k on June 23, 2012, 10:33:27 PM



Title: 2012-06-23 torrentfreak.com - PayPal Bans BitTorrent Friendly VPN Provider
Post by: k on June 23, 2012, 10:33:27 PM
http://torrentfreak.com/paypal-bans-bittorrent-friendly-vpn-provider-120622/ (http://torrentfreak.com/paypal-bans-bittorrent-friendly-vpn-provider-120622/)

Not about Bitcoin per se but gets a nice mention at the end of the article and appears multiple times in the comments.
Quote
“Those who are serious about private payment solutions should consider one of the many alternatives like Prepaid VISA cards, OKPAY, Bitcoins, and other ewallet services,” Jason concludes.

Also multiple mentions of Bitcoin in the Hacker News comments discussing this article
http://news.ycombinator.com/item?id=4151270 (http://news.ycombinator.com/item?id=4151270)


Title: Re: 2012-6-23 torrentfreak.com - PayPal Bans BitTorrent Friendly VPN Provider
Post by: ArticMine on June 24, 2012, 06:05:18 AM
The VPN provider in question, https://torguard.net/ (https://torguard.net/), already accepts Bitcoin.


Title: Re: 2012-6-23 torrentfreak.com - PayPal Bans BitTorrent Friendly VPN Provider
Post by: gweedo on June 24, 2012, 06:16:23 AM
The VPN provider in question, https://torguard.net/ (https://torguard.net/), already accepts Bitcoin.
maybe paypal banned them cause they say "100% Server uptime Guarantee" Which is pretty much impossible


Title: Re: 2012-6-23 torrentfreak.com - PayPal Bans BitTorrent Friendly VPN Provider
Post by: Foxpup on June 24, 2012, 08:49:59 AM
maybe paypal banned them cause they say "100% Server uptime Guarantee" Which is pretty much impossible
No it isn't. Legally, a "guarantee" is just a promise to pay a certain amount of money if they can't meet their obligations. So presumably, their 100% server uptime guarantee means they'll compensate users no questions asked if the server ever goes down (though the liability limitation in their TOC specifically excludes "damages", so any compensation would be limited to just a refund). Seems perfectly reasonable to me. It's like those 100% customer satisfaction guarantees: it doesn't mean 100% of customers will be satisfied, just that the ones who aren't satisfied will get their money back.