I signed up for Persuasion and Matt Taibbi's substack around the same time, as a way to support non corporate journalism. The respective comment sections on this topic, really shows the difference in the readership.
One: social media is toxic. Most people I've seen on the mainstream platforms became worse for wear over time. I deleted my accounts to save my sanity. HOWEVER, if you're going to censor for spreading for misinformation you'd need to delete 90% of the users on these platforms as nearly everybody is spreading some sort of half truth. Censorship is clearly applied with an agenda.
I'm not a day trader. But the writer's argument seems patent. The reddit traders knew what they were doing, they were prepared to lose to money. The only ones not prepared to lose money were the hedge funds, and big tech colluded with the gatekeepers, to keep the established order.
This incident has made me aware that my retirements savings... in fact nearly everyone's retirement savings are invested in what amounts to a gambling operation. And it's the only game in town. There is no other system. I think the reddit traders deserve applause for showing us what's really happening.