MultiversX Tracker is Live!

Unpopular opinion: this sub doesn't like honesty

All Cryptocurrencies

by COINS NEWS 259 Views

There's a saying: "each sub is it's own echo chamber"

Views that differ from what's accepted and agreed upon as true are heavily downvoted. Downvoting opinions, that hold a contrarian view to the point they get hidden are a great tool to enforce this echo chamber, but it limits the subs usefulness as a source of unbiased information.

Just to give an example to illustrate, here's some data:

USD is a world reserve currency, so 1 USD = 1 USD. It's current inflation is ~ 5%, so people view it as a bad investment, as you lose ~5% annually on it.

Now let's take a look at Algorand. It has a 6% network reward. It's inflation is 19%. This is a -13% APY.

Even a mere mention of the fact, that currently ALGO has worse Tokenomics than the US Dollar brings out the downvote army. And stifles any discussion.

What is the deal with downvoting anything that doesn't agree with ones beliefs?

Edit: I'm also somewhat salty, that commenting unpopular opinions cost money. With the upcoming karma-to-moon ratio, a simple comment on how the USD has better Tokenomics than ALGO will probably cost me more than $1. This is a major encouragement to only post stuff the majority agrees with and further enforces this echo chamber.

submitted by /u/Randomized_Emptiness
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments