PayPal wouldn’t dare attack Steam for accepting external payment methods with rules they don’t agree with and can’t change because they don’t own those companies. In addition to opening them up to potential lawsuits, it could catastrophically backfire if Valve simply said “fine, we don’t accept PayPal anymore, but we do accept crypto now.”
PayPal would die in a week. The investors would drag out a guillitine by the next earnings call.
I think that’s a naïve view. PayPal, Visa, Mastercard, and Stripe are all american companies that are either happy or feel compelled to comply the administration of the fascist-in-command.
Sure maybe this is PayPal doing their own thing, or maybe it’s part of a more organized scheme in which potential lawsuits don’t really matter.
PayPal wouldn’t dare attack Steam for accepting external payment methods with rules they don’t agree with and can’t change because they don’t own those companies. In addition to opening them up to potential lawsuits, it could catastrophically backfire if Valve simply said “fine, we don’t accept PayPal anymore, but we do accept crypto now.”
PayPal would die in a week. The investors would drag out a guillitine by the next earnings call.
I think that’s a naïve view. PayPal, Visa, Mastercard, and Stripe are all american companies that are either happy or feel compelled to comply the administration of the fascist-in-command.
Sure maybe this is PayPal doing their own thing, or maybe it’s part of a more organized scheme in which potential lawsuits don’t really matter.
Paypal has a reputation for this kind of thing from before Trump 2.0 though. They’ve ben doing this since at least 2003.