Paypal joins the Justice League

Read: 

• http://arstechnica.com/tech-policy/news/2011/07/paypal-joins-london-police-bid-to-financially-starve-illegal-websites.ars
• http://www.ifpi.com//content/section_news/20110721.html

It wouldn't be a surprise to me that Paypal would join up with the other "Justice League" members in an attempt to weed out "baddies". Hypocrisy is rampant. Supposed "Justice" and "fighting baddies" is a denial of the reality of the situation and to only use a narrow and shortsighted. 

Websites need to be free from control. Such an arrogance to "starving the baddies till they snuff out".

Wallets And Cash Exists In 2015

Read:

• http://www.winbeta.org/?q=content/paypal-predicts-end-wallet-2015
• https://www.thepaypalblog.com/2011/06/paypal-crosses-first-100-million-active-accounts-4/
• http://mashable.com/2011/07/08/the-future-of-mobile-payments-infographic/

I wouldn't trust my mobile device or computer to handle every single monetary decisions for me. I want to control my own money, not the computers and devices. We have seen enough of iPhones being broken, keys from the iPhones being discovered, Android phones susceptible to malware, Governments trying to have a sneaky hand in all things .... 

Remember Paypal rejected payment and donations for Wikileaks ?

What if you put all your eggs in a single basket (rely on bringing out your smartphone as a wallet) and something happens to that smartphone ? It's OS crashes and hangs ? It ran out of battery ? Accounts got hacked big time ? How are you going to pay after you had your meals in a restaurant if your phone had those crazy things happening ?

I would rather bring some cash along. Putting your money in one place is asking for trouble. When systems and things break, you are left with nothing on hand to help you out.

Smartphones as wallets by 2015 ? NO WAY !!!! I don't trust the technology. I don't trust the company and people. I don't trust putting all the eggs in a single basket. I trust myself more than them.

Don't forget, Paypal's spreading this myth to encourage more people joining them and giving them money because they are in the electronic money transfer business and if everyone uses only a smartphone as a wallet, they would have lots of businesses to do (not just them). This is simply a money making ploy.

Injustices of Geohotz

Read:

• http://arstechnica.com/gaming/news/2011/03/judge-gives-sony-access-to-ps3-hackers-paypal-records.ars

What does Sony want with Geohotz's PayPal account ?  Make themselves more rich ? Probably.

Not credible hosting

After the events where companies like EveryDNS, Amazon and other companies got subjugated and coerced into removing Wikileaks from US and other countries servers including France. Can these nations and servers who are easily coerced, be trustworthy hosting for any website or company or organisational infrastructure ?

Can you guarantee a safeguard that your materials would be removed the next day ? Aren't the USA servers being prided as a platform for free speech ? Look at the mess of USA. How can we trust USA, France, Sweden ... these countries as hosting nations for our contents whom they pride themselves for freedom but in the end, they gave in to pressure ?

How can we trust EveryDNS, Paypal, Amazon, Wikipedia (Removing Wikileaks Mirror article), Twitter (block Wikileaks topics from trending), Mastercard and Visa ... ?

How can we trust the infamous Swiss banks from being neutral to our money (Read: http://www.twitlonger.com/show/7bg5kc) ?

The UN is very concerned with these extreme ways of prosecution and attacking of Wikileaks and Julian Assange (Read: http://www.reuters.com/article/idUSLDE6B81RO20101209).

So who do you trust your hosting to and your technology ? Now cloud computing seems rather more unreliable as someone (if you hosted in the wrong hosting companies or countries) could shut you down.