A simple blog for my thoughts.
There’s been a lot going on over on the r/CryptoCurrency sub-Reddit lately as it pertains to their native cryptocurrency Moons, and if you haven’t been paying attention, a couple of months back Reddit decided to discontinue support of the Moon cryptocurrency.
There are many positive factors pertaining to cryptocurrency brewing as I write this very post, and we have seen some pretty decent gains in the last couple of months already, but nowhere near their all-time highs, which let’s face it, is all that really matters if you’re a long-term holder like me.
The r/CryptoCurrency Moons (MOON), or should I say formerly their cryptocurrency, since according to a pinned post made in the sub-Reddit the other day stated that no person or entity will actually own the Moons contract.
I’ve been thinking about this a lot ever since Reddit rug pulled the r/CryptoCurrency sub-Reddit, and although many of you would disagree with me, I think the old way of just earning Moons for up votes on posts and comments was a very flawed system, and it was easily gamed.
Okay, so we already know that Binance has been involved with the dark side of finance in the past, and most likely is still involved with it now, so my theory is, why wouldn’t Binance continue to operate positively going forward.
I know Moons are out the door today, but this is just disgraceful, and the mods should really be ashamed of themselves for advertising such an obvious scam via their banner ad.