21 Nov '12, 4pm

From @Asher_Wolf. Yet another reason to use #BitCoin. "Paypal Bans Usenet Providers... " via @torrentfreak

Paypal Bans Usenet Providers Over Piracy Concerns Ernesto November 21, 2012 95 paypal , usenet Print After banning several of the largest file-hosting sites, PayPal is now taking aim at Usenet services. The payment processor has just cut off several providers of Usenet services and frozen the funds in their accounts. These actions are due to growing copyright infringement concerns which have resulted in an extremely strict and in some cases privacy-violating set of requirements being laid down by the payment processing company. PayPal is widely known for their aggressive stance towards BitTorrent sites and file-sharing services, and now this policy has also been actively applied to Usenet providers. On Tuesday, PayPal cut off its services to five Usenet resellers including XSUsenet, EasyUsenet and Usenet4U, reports the Dutch news site Tweakers . The Usenet providers can no...

Full article: http://torrentfreak.com/paypal-bans-usenet-providers-over...

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