Summary: Reddit warns mods that it's ending its crypto program, before it warns the other users. What could go wrong? /s
If who committed inside trading has the power to delete any mention or discussion of his crime...
Why did moderators have 100's of thousands of those things anyway, and who the hell was buying them?
For some reason they thought it would gain value as an investment.
TBH I never saw a shitcoin holding value. Once the hype for the launch is gone, they always nosedive in value. You need to have some gambling issues to believe that no, this coin is special and this time it will gain value
Monopoly money is and will always be worthless
The new and exciting revolutionary version of Wall Street can uplift humanity and save the planet by having the same old grifts with a new coat of paint, less associations with tangible objects, and also a much larger carbon footprint per transaction!
I don't disagree with you that this shit shouldn't've even started on first place. It's just Reddit trying to milk its userbase, and the world be damned, as usual.
However, once started, Reddit had the responsibility to bring its closure in a fair way. And by "fair" I mean not "tipping" some individuals before the userbase at large knew it, so they could trade them off before the price crashed.
I know that. My point is that those "tokens" and related cryptogrifts are just a sillier and even less tangible Wall Street, complete with insider trading and golden parachutes.
