241–250 of 540 posts
There used to be a guy on Twitter/Facebook/other social media who kept harping about how the system was rigged....
> The notification, seen by Reuters, said without detail that the group violated policies on “adult sexual exploitation.” That's some bullshit right there. Spin the wheel, come up with a random charge, and ban the entire community with zero recourse and no way to appeal.
Okay so I completely agree but I want to add something to what’s going on Half the fun of WSB is that it is enormously offensive. The foundation of the community is that a forum talking about stock investing strategies is, at its heart, really dumb. It’s harder than most people can manage to evaluate all the “DD” flying around and any advice other than playing it safe (r/investing) is stupid to take from a rando on a…
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No one is stopping you from building your own island. Stop whining.
Italy does not agree with that. https://en.wikipedia.org/wiki/Republic_of_Rose_Island
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>pay content moderator salaries! No. They pay the trolls to make content moderation a misery They don't want the content moderated, that's the excuse to shut down the thing that outsmarted them.
Of all the companies to level this accusation at... Facebook has more money than these funds. The biggest bank in the country, JPMorgan, is worth $400B (remember that total assets is not the same thing as net worth); Facebook is worth >$500B. Nobody outsmarted Facebook here. The scale that these funds are operating at is peanuts compared to Facebook's operations.
Are we ok with this? We talk about endemic corruption like it's the most normal thing in the world. But it isn't. Reform or perish.
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Today I saw: Common Folk: We want a chance at financial stability." Rich Folk: "Invest your money." Common Folk: "OK, GME it is." Rich Folk: "Wait. Not like that. Stop. This clearly must be outlawed."
Characterizing this as a "rich folk" vs "common folk" issue is hilarious. Aside from the early "common folks" that cashed out, there's also plenty of "rich folks" that cashed out as well[1]. As for the losers, well the hedge funds who were shorted initially definitely lost money, although it remains to be seen whether the "rich folk" hedge funds who shorted this week lost money. It also remains to be seen whether the…
My comment above makes no statement about who is going to eventually profit from this.
My comment is about how as soon as the "common folk" start to take their destiny into their own hands, the "rich folk" cry foul, to the point where Congressmen are issuing press releases, and there is talk of completely re-designing the entire system.
There is an awful lot of whining coming from one end of the wealth spectrum right now.
> The notification, seen by Reuters, said without detail that the group violated policies on “adult sexual exploitation.” That's some bullshit right there. Spin the wheel, come up with a random charge, and ban the entire community with zero recourse and no way to appeal.
> The notification, seen by Reuters, said without detail that the group violated policies on “adult sexual exploitation.” That's some bullshit right there. Spin the wheel, come up with a random charge, and ban the entire community with zero recourse and no way to appeal.
Okay so I completely agree but I want to add something to what’s going on Half the fun of WSB is that it is enormously offensive. The foundation of the community is that a forum talking about stock investing strategies is, at its heart, really dumb. It’s harder than most people can manage to evaluate all the “DD” flying around and any advice other than playing it safe (r/investing) is stupid to take from a rando on a…
Obviously Discord is a private company etc etc. They're also the dominant platform upon which ~140 million people [1] from all over the world communicate, in all the messy ways humans do. I don't know about you, but I'd rather they focus on keeping the platform running, collect their revenue from their customers, and mind their own business. This is what everyone who uses the service expects them to do, after all.
1: https://venturebeat.com/2020/12/17/discord-raises-100-millio...
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Just build your own website bro Just build your own host bro Just build your own financial banking system bro just build your own social media platform bro just build your own payment processing platform bro just build your own internet infrastructure bro
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Sure. I don't mean that it's unequivocally part of a conspiracy. But like I said, It can't go unaddressed. This isn't a Hacker news story about a banned app. It's international news, and the news isn't about WSB's (admittedly) bad language.
Social networks were forced to moderate with the capitol riots. Now they have to moderate left wing mob organization on their platforms to avoid the perception they will only censor the right wing.
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Okay so I completely agree but I want to add something to what’s going on Half the fun of WSB is that it is enormously offensive. The foundation of the community is that a forum talking about stock investing strategies is, at its heart, really dumb. It’s harder than most people can manage to evaluate all the “DD” flying around and any advice other than playing it safe (r/investing) is stupid to take from a rando on a…
Having expressed this understanding of WSB's benign intent in their use of the term "retard", surely you see why some random person at Discord taking offense to it and whimsically banning the entire community is messed up, right? Discord is host to a massive variety of nominally private (you need a link to join) communities that have real, deep value to those who participate in them. Over time they develop their own…
Also, "benign intent" does not make offensive behavior less offensive. Intent can matter, but it certainly isn't everything.