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PayPal: Tchotchkes, Yes. Chips, No.

The always excellent Radley Balko has an interesting new article over at Reason which looks into PayPal’s shedding of its founding libertarian ideals. Competitors, crooks, regulatory hell, and an eventual takeover all contributed to what PayPal is today: a horrible, unfriendly, bug-ridden service that won’t allow its users to play at online casinos, post controversial-yet-newsworthy videos, or sell a number of perfectly legal things.

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