Superstonk

As many of you have already heard, Reddit has announced that they are interpreting their Mod Code of Conduct to mean that moderators can be removed from their communities for 'vandalism' if they continue to participate in the protest against their policy on 3rd party apps.

This is ultimately Reddit's Web site to run: they are free to make any rules change they want, at any time they want. We can't stop them. They are also free to interpret their existing rules to mean whatever they say they mean.

But- for now, at least- I am free to say that it is utterly false to claim that participating in a protest against Reddit is 'vandalism'. Breaking windows is vandalism. Egging a house is vandalism. Scrawling 'KILROY WUZ HERE' on a bathroom stall is vandalism. Vandalism is destruction or defacement of another's property- not disagreeing with them while happening to be on their property.

This stretch of the definition of 'vandalism' beyond all believable bounds implicitly endangers a huge variety of speech on the site by users, not just moderators. If a politely-worded protest which goes against the corporate interests of Reddit is 'vandalism', the term can be distorted to include any speech damaging to someone with a sizable ownership stake in Reddit- including:

Criticism of Citadel, Citadel LLC, Kenneth Griffin, Elon Musk, or Tesla

Criticism of the DTCC, the FED, or Cede & Co

Criticism of any Warner Bros. property, due to Reddit parent company Advance Publications' sizable stake in WB

Criticism of Microsoft, Amazon, or Apple, (Reddit investor, Fidelity Investments', first, second, and third-largest holdings)

Criticism of United Healthcare (Fidelity's fourth-largest holding)

Criticism of Fortnite, Gears of War, League of Legends, or any one of a huge number of other games made by Reddit investor Tencent and its subsidiaries

Criticism of the Chinese government's genocide of the Uighur Muslims, repression of Hong Kong and the Tianmen massacre, due to their hooks in Tencent's leadership

News stories critical of prominent Reddit investor and Republican megadonor Peter Thiel.

Are you skeptical of the power that moderators hold over discourse and discussion on Reddit? Good. Such skepticism is healthy- and applying it to the motivations and interests of Reddit's moderators and its admins shows why this change is a threat to the whole platform, not any one group.

If you had the opportunity to take money under the table (well above the reddit 10B valuation) to intentionally sabotage your own platform, would you do it?

The fed is keeping our markets afloat via QE, and swaps kept citadel from going bankrupt in 2021

Proud to be subscriber #16! I don't understand why there aren't more people migrating here due to reddit api debacle. Why would we run to another centralized platform, YT Gangnam style, instead of this in case of emergency?

"Thanks Mark, and hi everyone. I will speak briefly. My father always told me: ‘talk is cheap, actions speak louder than words.’ My responsibility is to make sure GameStop is run by managers who treat company money like their own. In corporate America, the people in charge, the professional directors and management teams, are not aligned with shareholders. They are always the recipients of stock grants, however they rarely purchase company shares with their own savings. There is a big difference between risk-free compensation for showing up, and putting a meaningful amount of your own money at risk. As a result, money is wasted, work is relegated, and a lot of time is spent managing to short expectations and pandering to Wall Street. I like people who roll up their sleeves and do real work. People guided by principles. Not robots who seek to rest and invest. In corporate America, there’s no shortage of overpaid executives, bad capital allocation and chronic waste, and serial delegators. Much of this behavior is both predictable and reprehensible. It is precisely what creates opportunities. Thank you for being a shareholder."

Can anyone explain this to me? There were several issues with Reddit discussed widely in the community, i.e. the brigading rules. Yet, now that Reddit screws over the customer even more with their API stunt, no one cared and the GME subs did not even participate in the Blackout. It would have been the perfect opportunity to migrate here or to other alternatives.

This is all you need to see to understand why we need to have a backup in the fediverse. Power to the Creators.

In case you had any remaining doubts about the viability of reddit as a forum for discussing gme...

Recently, all of the best info on gme came from that subreddit: Discussions, debates, ideas, amazing and fresh DD. Reddit didn't have control of the narrative on that sub and as such, the content was noticeably better.

Makes me bullish that hedgies are still fucked.

Also, I am sooo done with Reddit. But, we will need a new community. Can Lemmy be that new place for our favorite stonk?

I find it pretty funny, the Sub fighting against market manipulation can't even follow a simple system to rally against capitalism.

Honestly makes so much sense that this fiasco isn't put to bed when the sub can't follow simple steps. SUB should be dark in protest but no. Couldn't manage something as simple as just not logging on. No wonder DRS is barely moving

Are we able to get a stream onto Lemmy. Keeps us off reddit?

creator here was really on the ball huh?

Personally I think that /r/superstonk should've shown solidarity with Reddit/ an indefinite blackout. People claiming 3rd party apps and the API issues weren't important did not sit well with me. I bet our reddit mods were not using new, IPO ready Reddit to do their work.

I hope some more of us join up here.

This the new hangout

I saw on r/undelete that this post was deleted. The powers-at-be are trying to control the narrative.

I also confirmed for myself that the allegation aginst google is true; "perjury" and even "lie" will not autocomplete after "ken griffin"

I like this as a backup, and just to keep safe from manipulation if it gets really out of hand.