The reason given was "Under the Acceptable Use Policy, PayPal may not be used to send or receive payments for certain sexually oriented materials or services or for items that could be considered obscene". This is wrong/false on so many levels. We used PayPal only as a means to receive voluntary donations from people who wanted to support further development of Voat and to help pay for our hosting fees. This is beyond crazy.
According to PayPal User Agreement, our funds can be kept by PayPal for 180 days. I requested further clarification from PayPal, but I would like to advise everyone who planned to donate to Voat - to NOT do so via PayPal.
Honestly, I don't know what I expected when I trusted PayPal with our donation money. I apologize to everyone who donated to us through PayPal and I will badge everyone who did so even if the funds are never released by PayPal.
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ShinyVoater ago
Your obsession with money is where you go wrong. Yes, inflation pushes the relevant statistics up, but that's in the same way a call center telling everyone who calls their system is down improves its call stats: namely, that improvement's bullshit. Money simply helps things move in an economy, in the same way motor oil helps an engine's parts move easier and allows better performance. However, just as pouring more oil into an engine once it's full won't improve its performance, neither will continuously pumping money into an economy improve its performance: there's only so much purchasing power in an economy(determined by its level of true wealth - ie, amount of things) and new money can only gain any at the expense of old as it's spent into the economy.
Of course, you still haven't addressed the question of why anybody in their right mind would buy electronics now instead of their better versions tomorrow, if the deflationary spiral's to be believed.