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Discord bans r/WallStreetBets server, subreddit went private for a while

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Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#231

This is why I keep ringing the bell of open standards and protocols. This is why I still use IRC in 2021. This is why federation matters. Stop putting your eggs in someone else's corporate basket. Don't be duped by sparkly marketing and polish! You're being had! https://xkcd.com/743/

I love a good XKCD. :-)

I wonder if the fact anyone can join the open source party at any time, means they generally don't.

To explain, I posit that people like to have the reassurance of Open Source existing as the minimal floor of quality of experience.

And then they go chase "the best experience" knowing that if it all falls over they can go back to the welcoming embrace of Open Source.

Who knows, maybe WSB people are busy with a Murmur server right now!

Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#232

Is there a resource I can read or a video I can watch that can give an overview of what's going on here? I keep seeing articles about WSB, Gamestop and the market. But I don't quite understand what is going on and why.

The best resource is Matt Levine's newsletter (https://www.bloomberg.com/opinion/authors/ARbTQlRLRjE/matthe...). The third most recent one (https://www.bloomberg.com/opinion/articles/2021-01-25/the-ga...) is a good starting point.

Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#233

Earlier quoted context omitted.

That’s the joke. The SEC pursues the mostly harmless while letting the sharks go free. Did they do anything about naked short selling of Overstock stock? Nope, and now that it’s happened again and retail took advantage of a bad trade, the rules suddenly change “to protect the little guy.” It’s disingenuous at a minimum, and crony capitalism when taken to the maximum. Are they doing anything about Nancy Pelosi (her hu…

> Nothing against Pelosi Nothing against Pelosi? If that's as it appears to me (trading on insider information, by a person in a position of public trust no less) she needs to be heavily fined, in prison, or both.

Congress had an exemption up until recently on all insider trading so it wasn't illegal for her. It's good to write the rules.

Looking at the starting and retiring net worth of a Congress person is a bit painful.

Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#235
post #131

For all the uneasy feelings I get about the triggerhappy banning by these platforms, there's probably a light at end of the tunnel. Boot enough people and the better alternatives might actually flourish with network effects.

Wait you actually think that when people are banned they simply just "go away"? Vanish in to thin air? Problem solved?

I think that's the opposite of what they said.

Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#237

Earlier quoted context omitted.

Well when places like /r/sino exist I think they are safer on Reddit than anywhere else for now. Reddit seems to be ok with hosting anything.

Why should r/sino be banned? I have never been there before your post but it looks like a small pro CCP group on reddit?

I think the point is: If a pro-CCP (genocide, suppression of fundamental human rights) subreddit can exist, then perhaps a subreddit that discusses stocks can exist.

Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#239
post #36

Earlier quoted context omitted.

WSB is notorious for also posting a lot of anti-LGBT slurs (for example, one of WSBs favorite insults is calling someone a "gay bear", or more commonly a rainbow emoji followed by a bear emoji, or even calling people f*gs). Also worth noting that the Discord group is so much worse than WSB the subreddit. Sometimes on the Discord server there are just people spamming the N word for no reason.

>WSB is notorious for also posting a lot of anti-LGBT slurs (for example, one of WSBs favorite insults is calling someone a "gay bear", or more commonly a rainbow emoji followed by a bear emoji, or even calling people f*gs). For what is worth, they pretty much never use it actually insultingly, and do not seem to harbor any ill-will against LGBT people (and some of them are lgbt). They also mostly use those words to…

My prior for the majority of a reddit-based Discord server community being pro-LGBT is so astronomically low that the usage of that kind of language is unsettling to say the least. I'm sure there are plenty of well-meaning people just participating in the banter and picking up the 4chan lexicon, but I'm also sure there are a lot of people that use these words with no irony or awareness. It's like being scared to make an ironic offensive joke with your family because you feel like your cousin might laugh just a little too much. I'd be very cautious about assuming lack of explicitly-lgbt sentiment is the same as pro-lgbt-sentiment, especially given the culture wsb has branched from.

Re: Discord bans r/WallStreetBets server, subreddit went private for a while

#240

The description of wallstreetbets is literally "as if 4chan found a bloomberg terminal", so I don't know what else anyone expected other than 4chan-like-behavior.

Apparently a lot of people don't want there to be a place where 4chan-like-behavior can be found on the Internet.

I'm sure there's plenty of technically minded Wall Street bets people who are capable of setting up synapse, for a self-hosted, non federated matrix/element based chat solution.
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