Anyone who has EVER thought of "investing" in cryptocurrency or "non-fungible tokens" (NFTs) should watch this priceless expose.

Pat Dennis @patdennis

Sick of people calling everything in crypto a Ponzi scheme. Some crypto projects are pump and dump schemes, while others are pyramid schemes. Others are just standard issue fraud. Others are just middlemen skimming of the top. Stop glossing over the diversity in the industry.

How to opt out of Venmo’s new arbitration clause

Keep your rights to class action
By Barbara Krasnoff  Apr 25, 2022, 2:52pm EDT

. . .  We’ll tell you how you can opt out — but first, a little info about arbitration clauses.
Arbitration clauses have become extremely popular in agreements between companies and consumers. (For example, here’s a 2019 article explaining how to opt out of the arbitration clause that emerged when Apple added a credit card.)

It’s not surprising. When you agree to arbitration, you are basically putting most of the advantages in the company’s court.

For example, most arbitration clauses deny you the opportunity to become part of a class action suit or to individually sue the company. Instead, an arbitrator (often chosen by the company) reviews the case and then makes a ruling that cannot be appealed.


MOST ARBITRATION CLAUSES DENY YOU THE OPPORTUNITY TO BECOME PART OF A CLASS ACTION SUIT

And, in fact, this is exactly what the arbitration clause that Venmo is adding is meant to do.

. . .

here’s the short version of what you need to do:

• 
  
• Download and print out the Venmo Opt-Out Notice Form
  
• Fill out the entire form
  
• Mail it (yes, the kind of mail with an envelope and a stamp) to:
  

PayPal, Inc.
Attn: Litigation Department
Re: Venmo Opt-Out Notice
2211 North First Street
San Jose, CA 95131


1) .... if you accepted the user agreement for the first time on or after May 23rd, 2022, then your form has to be postmarked up to 30 days after that date.

If you’ve been a Venmo member for longer, you have until June 22nd, 2022.

2) ... Send it so it can be traced or, even better, so somebody has to sign for it.

This will cost more, but if you foresee yourself possibly needing to take Venmo to court anytime in the future (especially if you plan to use the service extensively), then it pays to be sure.

Right to Repair 

The Freedom to Repair Act Will Make All Electronic Repairs Legal

Article by: Elizabeth Chamberlain @elizzybeth

• February 2, 2022
  

Restoring our right to repair what we own is being considered in the US House of Representatives right now. Today, Representatives Mondaire Jones of New York (D) and Victoria Spartz of Indiana (R) introduced the Freedom to Repair Act. The bill would permanently fix an important aspect of copyright law, making almost all electronic repairs legal by default.
Copyright law shouldn’t prevent repair, but the Digital Millennium Copyright Act (DMCA) of 1998 made it illegal to circumvent technological protection measures for any purpose, repair included. More and more products have technological protection measures, to the point where fixing your Xbox or Keurig has become illegal. Every three years, we fight to get the Copyright Office to grant specific repair exemptions to the DMCA. We’ve had some success, but the limited exemptions we’ve received don’t allow people to  share the tools or software necessary for these repairs.


The Jones-Spartz bill would simplify all of this. It would clarify that working around digital locks when fixing things isn’t a copyright violation. Making tools and software for those repairs would become legal. All products with embedded electronics are included, with the exception of medical devices. (We’re not thrilled about this exception.)


Nathan Proctor with US PIRG weighed in, “Manufacturers have gone too far by locking repair functions. Congress never intended to outlaw repair. It’s no surprise that fixing this oversight is bipartisan. It’s common sense.” 


Eschewing unnecessary lock-outs also supports technology education, too, as cybersecurity expert Tarah Wheeler pointed out at a right to repair hearing in Washington recently. When “manufacturers restrict the right to poke around in their devices,” she said, it damages the opportunity for “curious minds to explore” and makes it harder for her, as an employer, to find employees with knowledge and skill.


Momentum for Right to Repair is growing. Yesterday, Senator Tester (D) introduced a Federal agriculture equipment right to repair bill. And state bills have moved out of key committees in Washington and Massachusetts this week.
Making more devices repairable will empower recyclers and refurbishers to reduce e-waste by extending the useful life of these products.


“We shouldn’t have to beg permission from the Copyright Office every three years for the right to fix our stuff. Repair isn’t piracy and it’s not how copyrights are infringed. This bill helps make repair practical again,” said Gay Gordon-Byrne, Executive Director of Repair.org. “When passed, this reform will improve choice in repair markets, which means better service at lower costs for consumers.”

Let your congressional representatives know that you support the bipartisan Freedom to Repair Act and the legal right to repair.