Never Trust Paypal

Read:

• http://www.wired.com/threatlevel/2011/02/paypal-manning-freeze

I am truely doubtful how capable is Paypal with it's transaction services. Now, Paypal have struck again, managed to freeze Courage to Resist's (http://www.couragetoresist.org/).

I think Paypal should be off the 'Trust' list for payment transactions since they have shown us a couple of times that they could simply freeze your transactions at their whims (and also easily coerced by US senates without a court order).

Justice League of America

So MasterCard now wants to play 'Justice League of America' by controlling the acceptance of payments from whom they see fit because of their client's activities ?

Read:

• http://arstechnica.com/tech-policy/news/2010/12/mastercard-may-cut-off-file-sharing-sites-over-piracy.ars

When you have customers and you want to close accounts and choose who to serve because of the sites they host or what they do or simply pressured from some diplomats or politicians without a valid court order or warrant, then NO ONE WOULD EVER DO BUSINESS WITH YOU !!!

It's back to the good old days of cash and gold bars. It guarantees that your money would not be shut down cold and the value would still be valid (in the case for gold bars).

It would be good if more people shun these bias services like MasterCard, PayPal, Visa ... with the simple reason that they would love to limit you, control you, kick you and reveal your data to others.