If Reddit Incorporated™ wanted to create a new way of allowing empowering users to govern the rules of subreddits, they would have created this system within the parameters of reddit.com like they have with every other aspect of this website. An erc20 shitcoin wasn't necessary.Paying people to have social interactions creates a toxic environment. The social interactions become less natural and more forced, people are disincentivized of sharing opinions that goes against the grain, and overall a less engaging discussion. Even at food giveaways, you see people abuse the system by getting back in line thinking no one noticed to get more free stuff.r/CryptoCurrency admins knew that they would be sacrificing the quality of the community, they just wanted to create a coin that could generate network effect and therefore real world value, to enrich themselves by printing themselves disproportionate supply. They name it "Moon" coin, but contradictory claim it's not meant to appreciate in value. That's just legal jargon so they don't get raided by the feds. It's just the same old scam ICO shit with a twist.Most of us are here to discuss crypto with strangers on the net, not to yield farm some erc20 shitcoins issued by reddit admins. This community is better without it.
Submitted January 21, 2021 at 09:45PM
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