Square has just unbanned Gab. You can now go ahead and make transactions as withdrawal is now enabled.
When a startup decides to ban and unban other freedom change agents it raises a lot of questions about the power structure of the corporate world. The big question to ask is “who are these powerful corporate culture setters who hate free speech”?
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As reported, Square has enabled Bitcoin withdrawals for Gab via CashApp.
What is Square?
Square helps millions of sellers run their business- from secure credit card processing to point of sale solutions.
What is Gab?
Gab is a social network built and funded by The People with a mission to defend free expression online.
Gab respects user data and privacy.
Gab rejects data requests constantly from foreign governments to protect our users.
Gab does not sell user data.
Gab aims to collect the least amount of user data possible for the app to function.
You are not the product on Gab.
What is CashApp?
CashApp is a payment processor that enables you to Pay friends instantly, spend money with a laser-etched Cash Card, save with Cash Boost, and buy and sell Bitcoin.
Like PayPal, it is has a lot to do with censorship.
In a statement made by Joseph Young, he thinks that Bitcoin and crypto companies can’t be replicating the censorship practiced by PayPal, Mastercard, and other financial institutions.
On the other hand, another enthusiast thinks that as much as he’s not for censorship, he actually thinks private companies should be able to ban who they want – which makes Square right on this.
He went on to say that a lot of people apply emotions to these acts, but ultimately you either have to bake a cake or don’t… and if you don’t, you never do, and if you do, you always do.
While this has raised a lot of questions considering the fact that Coinbase had a tussle with Gab as well.
Another question to consider said Young is, was Coinbase pressured to let Gab go from its platform? And if so, did Square face the same pressure as it works with big banks as well?
The big answer is, it is an interesting turn of events especially considering the fact that Visa, Citi, JP Morgan, Goldman Sachs, and Barclays all funded Square pre-IPO.
As Gab is built and funded by the People with a mission to defend free expression online, do you think censorship should be a determinant for acting against or for?
And should emotions be attached to these situations when private companies choose to ban who they want to?
Let’s hear what you have to say.
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