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Topic: 2012-06-23 torrentfreak.com - PayPal Bans BitTorrent Friendly VPN Provider (Read 1421 times)

legendary
Activity: 4542
Merit: 3393
Vile Vixen and Miss Bitcointalk 2021-2023
maybe paypal banned them cause they say "100% Server uptime Guarantee" Which is pretty much impossible
No it isn't. Legally, a "guarantee" is just a promise to pay a certain amount of money if they can't meet their obligations. So presumably, their 100% server uptime guarantee means they'll compensate users no questions asked if the server ever goes down (though the liability limitation in their TOC specifically excludes "damages", so any compensation would be limited to just a refund). Seems perfectly reasonable to me. It's like those 100% customer satisfaction guarantees: it doesn't mean 100% of customers will be satisfied, just that the ones who aren't satisfied will get their money back.
legendary
Activity: 1498
Merit: 1000
The VPN provider in question, https://torguard.net/, already accepts Bitcoin.
maybe paypal banned them cause they say "100% Server uptime Guarantee" Which is pretty much impossible
legendary
Activity: 2282
Merit: 1050
Monero Core Team
The VPN provider in question, https://torguard.net/, already accepts Bitcoin.
k
sr. member
Activity: 451
Merit: 250
http://torrentfreak.com/paypal-bans-bittorrent-friendly-vpn-provider-120622/

Not about Bitcoin per se but gets a nice mention at the end of the article and appears multiple times in the comments.
Quote
“Those who are serious about private payment solutions should consider one of the many alternatives like Prepaid VISA cards, OKPAY, Bitcoins, and other ewallet services,” Jason concludes.

Also multiple mentions of Bitcoin in the Hacker News comments discussing this article
http://news.ycombinator.com/item?id=4151270
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