PayPal Bans BitChute, the Free Speech Competitor to Youtube, Illustrating How Tech Giants Keep Their Monopolies

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BitChute, a new start up video hosting company that is politically neutral but pro free-speech, is a growing competitor to Youtube, owned by Google.  BitChute’s popularity is largely a result of Google’s hostility to conservatives and banning them from its platform.  BitChute uses peer-to-peer WebTorrent technology to diffuse and ease bandwidth for video streaming.  Last week, PayPal banned the new company, preventing it from receiving payments.  The tech giants share the same politicized agenda and protect each other from competition.  This is the hallmark of a cartel. -GEG

PayPal has reportedly banned the free-speech focused startup BitChute for unspecified violations of their terms of service.

BitChute broke the news Wednesday in a press release:

A few hours ago BitChute received a notice that our PayPal account has been permanently limited, with immediate effect, and that we will no longer be able to accept or send payments.

The notice included the following information: “The User Agreement for PayPal Service states that PayPal, at its sole discretion, reserves the right to limit an account for any violation of the User Agreement, including the Acceptable Use Policy.” This decision seems to be final although we will try to appeal.

PayPal’s acceptable use policy can be found here.

BitChute has had a Paypal account since 2016, we have used it to settle payments and to receive subscription payments from supporters along with other discretionary payments. It’s our belief that it is our stand against the current trend in censorship that has resulted in this action.

BitChute is politically neutral and we have a diverse community in interests and backgrounds. We require that users only upload legal content that complies with our terms and community guidelines. We carry out moderation to remove all content that breaches our terms and community guidelines, including but not limited to videos from terrorists, child abuse or pirated video.

Read full article here…

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PayPal Bans BitChute, the Free Speech Competitor to Youtube, Illustrating How Tech Giants Keep Their Monopolies – Toms Blog on Life