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Alternatively, HN is keeping a backlog of my uncounted downvotes, and counting them in order as I make more upvotes. Thus, as long as there's a backlog, any new downvote I make will initially not count.
Personally, I think the >=0 net karma rule goes too far. I've tended to downvote more than I upvote because I drift towards policing behavior (not "grumpness": not all people who downvote more than they upvote can be classified as grumps, which is a highly subjective notion anyway), and generally have high standards for what I consider worthy of an upvote. Social moderation systems have to account for the variety of sociological roles. Not to mention, the net karma of the site may be negative, but a >=0 rule will never allow this state to be represented.
It is also impossible to determine what my net karma contribution is, and thus that the >=0 rule is even in effect. Net karma contribution should appear on a user's profile page, or at the top menu bar. I shouldn't be expected to track my karma contribution manually.
(And yes, it's happened enough times that I know it isn't just someone voting the comment back up in the intervening period.)
In particular, a false sense of moral certainty derived from an elitist denial of social complexity.