MultiversX Tracker is Live!

Reddit did you a HUGE Favor by updating their TOS. If you got rid of your moons after that, I suggest getting them back. ASAP!

All Cryptocurrencies

by COINS NEWS 252 Views

  • They were free for you.
  • You had no investment into them.
  • All you had to do was be active like you always were in the crypto community.

There was no reason to panic.

infrastructure bill ????️ ????️

Yes. Likely this was a reason for it.

By reddit making these rules, they are assuring that Moons are decentralized, and they have not gave moons any monetary value

why does that even matter? ????️ ????️

If a crypto is decentralized, it means there is no central authority backing up it's value.

so? ????️ ????️

So... If there is no one authority backing up it's value, then it can't be regulated by SEC.

In order for something to be regulated by SEC it needs a central figure to identity. This is why they aren't regulating Bitcoin. There is no central figure giving it value. There are countless people giving it value at their own free will.

Reddit has no control over the Blockchain. If people decided to give it value, reddit holds no responsibility for that as they have stated it has no monetary value. There was no ICO.

It's not a security . Over , done with, Period

We should be thanking Reddit. If they said it had value, and told you it can be traded then SEC would be regulating reddit right now or in the future. That could mean NO MORE MOONS. SEC would ruin the sub had they were forced to remove moons.

So be grateful. If you dumped off your moons I suggest getting them back before it's too late.

Reddit has big plans for their Virtual goods sector. It's a great app.

submitted by /u/Some1fromReddit
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