It's from a few days ago, and (predictably) got a lot of downvotes, but the post from the Reddit admin is still up:

https://www.reddit.com/r/CryptoCurrency/comments/17a33ql/ser...

That's the post about sunsetting the tokens mentioned in the article, I'm talking about a post discussion the mods' dumping the tokens.

There was one, but it was downvoted and the mods nuked it.

It looks like most discussion has been deleted by the mods. They've allowed this one to stay: https://www.reddit.com/r/CryptoCurrencyMeta/comments/17b8lqe...

Most of the mods involved are no longer mods. At least one (TNGSystems) is still a mod since they waited until the official announcement before dumping their position. Here is their explanation: https://www.reddit.com/r/CryptoCurrencyMeta/comments/17b8lqe... In this argument you can only see TNGSystems's responses because all the comments from the other side were deleted by moderators.

Copied for posterity:

> If I’m an asshole for selling my moons in order to provide a guaranteed safety blanket while my wife is off on maternity leave and I’ve got to cover all bills & upkeep & all the new shit we have to buy for a baby, then so be it.

> I hadn’t made my mind up on selling, even when the announcement was posted. Otherwise I would’ve done it after 10 seconds, not 3 and 6 mins after it was posted.

> At the end of the day I decided to take a guaranteed chunk of cash in return for my contributions, time and energy rather than wondering if the system can be built back up by mods.

> Crypto is a zero sum game.

Wow. Those comments. In case anyone had any doubt what your typical reddit mod is like.

It’s also a mod of cryptocurrency, I imagine that makes a difference.

He really typed out and said “it’s a pyramid scheme” and “it’s not insider trading because 2 minutes 50 seconds more than 10 seconds matters”

If it was after the announcement, it was after the announcement. One second is plenty for him to be perfectly morally justified.

Right, agreed, so why the attempt to explain the difference between 10 seconds and 3 minutes as a value statement?

What is the primary URL for where the announcement was actually posted? (on Reddit itself? in a press release? somewhere else?)

How long is the time lag between posting it there and when the typical holder of Moons would have been notified?

(Think: Efficient Market Hypothesis viz. time lag of disclosure)

He doesn’t have to wait for the typical holders of moons. Only for those very dedicated. And 3 minutes should be plenty fof those.

I'm simply asking what actual mechanism constitutes "disclosure" for Moons.

(I didn't comment on his defense/explanation at all.)

Can anyone just answer what I asked?

There’s two “announcements” I see in the Reddit threads, and it isn’t clear which he’s talking about here: the internal announcement, from an hour before the public announcement.

It’s pretty shitty if he sold after the internal, and still even if he waited “3-6 minutes” after public, he still had an hour to prep his sell and make a decision on whether he would.

"Hey wife, I've banked our future into something called a Moon. Yes, a Moon. It's crypto, you wouldn't understand"

"Look, you said you wanted me to get a job, now I work 12 hours a day powertripping on an online forum for imaginary money. What more do you want?"

That's an intensely bizarre discussion.

These "moons", or whatever, don't seem to have any connection with real world economic activity, and so are intrinsically worthless beyond the value that those involved in trading these notions give to them.

I wonder if there are any economic studies into the value that people place on assets and goods according to their direct connections with human wellbeing, e.g. food, housing, and clothing, vs capital, vs derivatives of capital such as shares etc, vs the crazy world of crypto.