The GME buying frenzy instigated by the Wallstreetbets Subreddit provoked a completely disproportionate response from The Powers That Be. Major Finance pundits started warning against buying GME on their talk shows. For the first time ever, a coordinated (but illegal) effort was made by retail brokerage apps to restrict the buying of the shares. It is clear that some hedge funds had a lot to lose. But Reddit user johnnydaggers proposes a theory of something even more sinister.
Category: Internet Subculture
On 1st February 2019, news broke that Gerald Cotten, the CEO of cryptocurrency exchange QuadrigaCX, had died in India — and taken the passwords to hundreds of millions of dollars worth of digital money with him to the grave. Many have pointed out that something does not add up. Here, I add another strange coincidence. Now I introduce how the India connection makes things even more suspicious.
From depths of the Bitcoin community comes this sagely advice. A must read if you are considering buying Bitcoin mining hardware.
Lets just say you want to do so for the sake of learning about the Bitcoin ecosystem, and maybe understanding how Bitcoin mining originally worked………
Sometimes a meme is worth a thousand words….like this one.
The writing is on the wall. The Powers That Be Hate the Bitcoin. But if in case that is not clear, here are some instances which indicate their dislike of the Bitcoin.
A Reddit user going by the moniker aaaa222 put up an interesting post in r/conspiracy 26 days ago, on how Reddit’s culture of being a geek meritocracy was being undermined by dark forces. He claims that the post disappeared after it gained a lot of traction (and then suddenly reappeared). We are preserving his post here for the day when Reddit will be posthumously remembered as another Digg.
In April 2011, the url of Encyclopaedia Dramatica began redirecting to OhInternet. In a span of a few days, an important part of the Internet subculture Anonymous had disappeared. And was replaced by a website similar to the dozens of websites that commercialize Internet phenomena. Here’s some investigation of what may have happened.