[BrainVirus]

The article is full of misrepresentations, some of which were already pointed out. One I have to point out myself:

">People really, really, hate Peter Thiel and Elon Musk. So much so that they will refuse to give my small business money if it goes through Paypal on the off chance that those two guys might get some of it."

This looks like pure spin. I don't know of anyone who refuses to use PayPal because of this reason. (Thiel and Musk are not running the company anymore.) I know a lot of people who refuse to use PayPal because it has some kind of directive to ban people for wrongthink. There are countless instances documented on ReclaimTheNet.org [1], and those are just the ones involving people of notoriety.

[1] - https://reclaimthenet.org/page/2/?s=paypal

There is literally a campaign of people closing PayPal accounts in protest of company's behavior right now. (That $2,500 fine proposal was the last straw.) Guess what? Many people see "errors" when they try to close an account. Dark patterns everywhere.

In short, if you choose to use PayPal as a sole payment method for your business, know that you are alienating a lot of potential customers.

[hlandau]

Speaking personally, I refuse to use PayPal as a payment method because its payment form demands a phone number. Websites that only accept PayPal lose my business.

[dmix]

The Thiel and Musk thing is bizarre, I've never heard of anyone being worried about that.

eBay bought Paypal in the 'Paypal Mafia' two decades ago in 2002 which is when most of them cashed out their stock. I highly, highly doubt their founder stock is still in any way connected to the various corporate iterations of Paypal that were sold and resold.

Even 10 years ago this would be a silly thing to be concerned about. Paypal has enough real problems anyway.