>>PayPal (and also eventually Google Checkout) wanted us to impose content restrictions on what people could post to Dreamwidth other than "is this legal". (Okay, we have a few content restrictions other than "is this legal", but I'll get to that in a second.) We weren't ready to accept outsourcing the final say on our content restrictions to a huge company with a habit of confiscating your money first and only reconsidering with enough loud bad press, so our account with them remains frozen.
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Huge thanks for that, free speech matters!