WallStreetBets (Reddit) Again Banned Discussion About Cryptocurrency
The previously imposed ban on talk about cryptocurrencies was relaxed on Wednesday. The moderator made an exception for three cryptocurrencies (BTC, ETH, DOGE). On Thursday, however, the comprehensive ban returned
According to the moderator, the reason was an article in the media. It said WallStreetBets had gone on about the cryptosphere. It's not true. Subreddit was conceived as a platform for discussion of the stock market. And talking about cryptocurrencies does more harm than good. That's why the ban was activated again.
Recall that the subreddit WallStreetBets is known in the cryptosphere in the case of GameStop. Thanks to discussions at the forum, the share price literally flew into space, adding 2000%. GameStop became a huge soap bubble, and when it burst, billions of losses followed.
In this case, the head of RobinHood had to report to the congress men. And the moderators of the subredite WallStreetBets banned the discussion of cryptocurrency. And now the ban has been confirmed once again. What do you think about this?