Listen to how the ms-media hypes up this centralized joke of a crypto: "PayPal launches first dollar-backed stablecoin from a major U.S. financial institution...The new asset, called PayPal USD (PYUSD), was designed to address the "emerging potential" to "transform payments in Web3 and digitally native environments..PayPal said the stablecoin's function is to reduce friction for in-experience payments in virtual settings and allow direct flows to developers."

Ohh wow, the first ever stablecoin issued by "a major US financial institution" which aims to "reduce friction and allow for direct flow." Wait, no references here about the environment or how we should all blame PYUSD for our high energy bills? Oh well, I guess we should then talk about how Paypal enabled themselves to confiscate all your PYUSD and freeze your account or even delete your money and "wipe frozen assets":

It's almost funny, crypto started out as 'trustless' and has devolved into a 'trustmebro' reality. PYUSD, phuh, might as well call it FUSD cause that's what you'll get sooner or later. No one with half a brain would go near this stuff and this mind you is the future of all CBDCs.

Now you might wonder who would qualify for this freezing of accounts and confiscating of cryptos. After all, wouldn't your bank do the same if they found you were about to commit some heinous crime? Well behold, from Paypal themselves regarding all the weird reasons which they think gives them the right to confiscate your funds. Yeah no actions, but words. Words which they mind you, a random group of yuppies sitting in Paypal's offices decided on if it's deemed hateful, misinformation or insensitive towards certain people.

The centralized crypto thought police has arrived, and it's the people at Paypal who gave themselves the badge.🧠👮