this post was submitted on 06 Mar 2025
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[–] ToadOfHypnosis@lemm.ee 8 points 15 hours ago (1 children)

Agreed, though I don’t think Thiel is involved in Paypal anymore.

[–] kokolores@discuss.tchncs.de 6 points 11 hours ago (1 children)

Yes, you are right, not anymore, I don’t trust it though as it was founded by not only Peter Thiel but also Elon Musk.

PayPal blocks accounts that are politically controversial, such as some alternative media outlets, cryptocurrency platforms, or activists. Also Whistleblower organizations like WikiLeaks have been blocked and their funds frozen.

For these reasons I find a boycott completely justified.

[–] Syntha@sh.itjust.works 4 points 9 hours ago (1 children)

PayPal was not founded by Musk

[–] kokolores@discuss.tchncs.de -4 points 7 hours ago (1 children)

Please have a look at the listed founders of PayPal: Paypal Wikipedia

[–] Syntha@sh.itjust.works 6 points 5 hours ago (1 children)

Please actually read the article

The company was originally established by Max Levchin, Peter Thiel, and Luke Nosek in December 1998 as Fieldlink. Later it was renamed Confinity,[9] a company which developed security software for hand-held devices.[10] When it had no success with that business model, it switched its focus to a digital wallet.[11] The first version of the PayPal electronic payments system was launched in 1999.[12]

In March 2000, Confinity merged with X.com, an online financial services company founded in March 1999 by Elon Musk, Harris Fricker, Christopher Payne, and Ed Ho.

Musk founded a company that merged with the company that invented PayPal.

[–] kokolores@discuss.tchncs.de -2 points 5 hours ago

As Wikipedia lists him as a founder i think it’s ok for me to call him that as well. But of course, you can insist on the loooooong explanation that he founded a company that merged with another company and the merged one finally became Paypal.