PayPal Limits Voat’s Account, Site Now Accepts Donations Only In Bitcoin

voatVoat™, a media aggregator like Reddit, wants to be the place on the Internet where you can “have your say™”. But that might not be possible if PayPal has its way. PayPal informed Voat administrators that their account had been “limited,” and their funds frozen. The site, entirely funded by user donation, is distressed.  The site creator Atif Colo posted in a stickied thread on the forum’s homepage:

The reason given was ‘Under the Acceptable Use Policy, PayPal may not be used to send or receive payments for certain sexually oriented materials or services or for items that could be considered obscene’. This is wrong/false on so many levels. We used PayPal only as a means to receive voluntary donations from people who wanted to support further development of Voat and to help pay for our hosting fees. This is beyond crazy.

PayPal can hold the site’s funds for up to 180 days. Colo has yet to receive a response from PayPal

Read more ... source: CryptoCoinsNews