Bitcoin Sub-Reddit accused of Vote Manipulation On Major Bitcoin Debates

A critical observation into the Bitcoin ecosystem verifies that information is a key factor in the overall value of Bitcoin. Major events like hard forks, government regulation, success hack on major exchanges and the gross development of competing cryptocurrencies generally affect the price of Bitcoin. Information dissemination is part of the chain in getting information reaches its intended users, this is where the role of the media such as r/Bitcoin comes in. Information can be manipulated, altered or stopped from spreading at the will of the people who control or monitor it. The people who control information basically control Bitcoin.

Thousands of Bitcoin and other cryptocurrency users depend on the bitcoin subreddit as the main source of information. However, it has emerged that many of these moderators who have more access than the common users are utilizing their privileges to control the flow of information on the site. Being a moderator on r/Bitcoin subreddit is a voluntary unpaid opportunity. Some actors are of the view that these moderators receive hefty ‘Brides’ from notable people who trigger major discussions about a critical issue regarding the future of Bitcoin. Though yet unconfirmed this allegation seems one of the reasons why many moderators try to comprise information on the subreddit to swing users into preferring a certain aspect of a debate regarding Bitcoin…

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