CHAOS

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/1151l7p/daily_general_discussion_february_18_2023_gmt0/).

Da_Notorious_HAM

Chaos, chaos, CHAOS!!!

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/110u63u\/daily_general_discussion_february_13_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/110u63u\/daily_general_discussion_february_13_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/110u63u\/daily_general_discussion_february_13_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/1101teu\/daily_general_discussion_february_12_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10z6vqg/daily_general_discussion_february_11_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10yakql/daily_general_discussion_february_10_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10whfyz/daily_general_discussion_february_8_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10whfyz/daily_general_discussion_february_8_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10whfyz/daily_general_discussion_february_8_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10whfyz/daily_general_discussion_february_8_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10whfyz/daily_general_discussion_february_8_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10vmhhb/daily_general_discussion_february_7_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10urrwr/daily_general_discussion_february_6_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10s57jv/daily_general_discussion_february_3_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10s57jv/daily_general_discussion_february_3_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10ralbq/daily_general_discussion_february_2_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10qprda/monthly_optimists_discussion_february_2023/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10ntjbo/daily_general_discussion_january_29_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10ntjbo/daily_general_discussion_january_29_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10ntjbo/daily_general_discussion_january_29_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10ntjbo/daily_general_discussion_january_29_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10n0btk/daily_general_discussion_january_28_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10m6lv1/daily_general_discussion_january_27_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10m6lv1/daily_general_discussion_january_27_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10ldwad/daily_general_discussion_january_26_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10ldwad/daily_general_discussion_january_26_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10ldwad/daily_general_discussion_january_26_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10kkgfg/daily_general_discussion_january_25_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10jrpkm/daily_general_discussion_january_24_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10jrpkm/daily_general_discussion_january_24_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10ghhlu\/daily_general_discussion_january_20_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10fmn05/daily_general_discussion_january_19_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10fmn05/daily_general_discussion_january_19_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10fmn05/daily_general_discussion_january_19_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10erynt/daily_general_discussion_january_18_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/10b9r2e/daily_general_discussion_january_14_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/109k9wk/daily_general_discussion_january_12_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/109k9wk/daily_general_discussion_january_12_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/102nwzt/daily_general_discussion_january_4_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/100xkac/daily_general_discussion_january_2_2023_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/100gmao/monthly_optimists_discussion_january_2023/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zzfobr/daily_general_discussion_december_31_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zwuhtw/daily_general_discussion_december_28_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zwuhtw/daily_general_discussion_december_28_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zwuhtw/daily_general_discussion_december_28_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zw0x98/daily_general_discussion_december_27_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zt13k8/daily_general_discussion_december_23_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zr404c/daily_general_discussion_december_21_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/zq804z/daily_general_discussion_december_20_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/znt0ap/daily_general_discussion_december_17_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z9k3aj/monthly_optimists_discussion_december_2022/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z8aq27/daily_general_discussion_november_30_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z8aq27/daily_general_discussion_november_30_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z4sdjp/daily_general_discussion_november_26_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z4sdjp/daily_general_discussion_november_26_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 30.10.2022* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. This has been demonstrated several times, e.g. [recently](https://www.reddit.com/r/CryptoCurrency/comments/tewtgk/update_on_recent_changes_to_rcps/?utm=) when admins released a new documentation in which they introduced a fundamental change - they removed the supply hardcap of 250 million - without making any official announcements. > > Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. Communication with those people is virtually impossible, they only answer to moderators but they do it occasionally. > > Also, the source code for Moons isn’t open either. This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 5 million users while the 10% is shared between +/- 20 mods. > > In the last distributions, mods got more than 15k Moons each while the most active users got not even half of that. [There are only 2 people among top 10 Moon holders who aren't/weren't moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. It is estimated that it will take 10 years until annual inflation reaches 1%. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. On 31 August 2022, Special Membership costs $4.99 or 428 Moons which is around $43 at current prices - almsot 9 times more than the price in dollars. This makes buying memberships with Moons rather useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. They’re taken out of circulation for some time and [50% is reintroduced later on](https://www.reddit.com/r/CryptoCurrency/comments/ye37sz/comment/itvmebm/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/wdgsuz/coin_inquiries_moons_conarguments_august_2022/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z4sdjp/daily_general_discussion_november_26_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 26.01.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. And the source code for Moons isn’t open either. > > This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 4 million users while the 10% is shared between fewer than 20 mods. > > In the last distributions, mods got around 20k Moons each while the most active users got around 4k Moons. [There are only 2 people among top 10 Moon holders who are not moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. Special Membership costs 1 000 Moons which is more than $50 as of 26.01.2022. But there’s an option to pay with fiat and it costs $5. This makes buying memberships with Moons useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. [They’re taken out of circulation for some time and reintroduced later on](https://np.reddit.com/r/CryptoCurrency/comments/pfxa4t/comment/hb7s2kl/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/z34qab/daily_general_discussion_november_24_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 26.01.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. And the source code for Moons isn’t open either. > > This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 4 million users while the 10% is shared between fewer than 20 mods. > > In the last distributions, mods got around 20k Moons each while the most active users got around 4k Moons. [There are only 2 people among top 10 Moon holders who are not moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. Special Membership costs 1 000 Moons which is more than $50 as of 26.01.2022. But there’s an option to pay with fiat and it costs $5. This makes buying memberships with Moons useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. [They’re taken out of circulation for some time and reintroduced later on](https://np.reddit.com/r/CryptoCurrency/comments/pfxa4t/comment/hb7s2kl/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yy5ofm/daily_general_discussion_november_18_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 26.01.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. And the source code for Moons isn’t open either. > > This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 4 million users while the 10% is shared between fewer than 20 mods. > > In the last distributions, mods got around 20k Moons each while the most active users got around 4k Moons. [There are only 2 people among top 10 Moon holders who are not moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. Special Membership costs 1 000 Moons which is more than $50 as of 26.01.2022. But there’s an option to pay with fiat and it costs $5. This makes buying memberships with Moons useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. [They’re taken out of circulation for some time and reintroduced later on](https://np.reddit.com/r/CryptoCurrency/comments/pfxa4t/comment/hb7s2kl/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yxakfo/daily_general_discussion_november_17_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 26.01.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. And the source code for Moons isn’t open either. > > This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 4 million users while the 10% is shared between fewer than 20 mods. > > In the last distributions, mods got around 20k Moons each while the most active users got around 4k Moons. [There are only 2 people among top 10 Moon holders who are not moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. Special Membership costs 1 000 Moons which is more than $50 as of 26.01.2022. But there’s an option to pay with fiat and it costs $5. This makes buying memberships with Moons useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. [They’re taken out of circulation for some time and reintroduced later on](https://np.reddit.com/r/CryptoCurrency/comments/pfxa4t/comment/hb7s2kl/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/ywdu9s/daily_general_discussion_november_16_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 26.01.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. And the source code for Moons isn’t open either. > > This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 4 million users while the 10% is shared between fewer than 20 mods. > > In the last distributions, mods got around 20k Moons each while the most active users got around 4k Moons. [There are only 2 people among top 10 Moon holders who are not moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. Special Membership costs 1 000 Moons which is more than $50 as of 26.01.2022. But there’s an option to pay with fiat and it costs $5. This makes buying memberships with Moons useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. [They’re taken out of circulation for some time and reintroduced later on](https://np.reddit.com/r/CryptoCurrency/comments/pfxa4t/comment/hb7s2kl/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yuj5a2/daily_general_discussion_november_14_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 26.01.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. And the source code for Moons isn’t open either. > > This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 4 million users while the 10% is shared between fewer than 20 mods. > > In the last distributions, mods got around 20k Moons each while the most active users got around 4k Moons. [There are only 2 people among top 10 Moon holders who are not moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. Special Membership costs 1 000 Moons which is more than $50 as of 26.01.2022. But there’s an option to pay with fiat and it costs $5. This makes buying memberships with Moons useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. [They’re taken out of circulation for some time and reintroduced later on](https://np.reddit.com/r/CryptoCurrency/comments/pfxa4t/comment/hb7s2kl/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yrvt2z/daily_general_discussion_november_11_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 26.01.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. And the source code for Moons isn’t open either. > > This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 4 million users while the 10% is shared between fewer than 20 mods. > > In the last distributions, mods got around 20k Moons each while the most active users got around 4k Moons. [There are only 2 people among top 10 Moon holders who are not moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. Special Membership costs 1 000 Moons which is more than $50 as of 26.01.2022. But there’s an option to pay with fiat and it costs $5. This makes buying memberships with Moons useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. [They’re taken out of circulation for some time and reintroduced later on](https://np.reddit.com/r/CryptoCurrency/comments/pfxa4t/comment/hb7s2kl/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yq2tow/daily_general_discussion_november_9_2022_gmt0/).

DayMan_ahAHahh

#THIS. IS. CHAOS.

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 26.01.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. And the source code for Moons isn’t open either. > > This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 4 million users while the 10% is shared between fewer than 20 mods. > > In the last distributions, mods got around 20k Moons each while the most active users got around 4k Moons. [There are only 2 people among top 10 Moon holders who are not moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. Special Membership costs 1 000 Moons which is more than $50 as of 26.01.2022. But there’s an option to pay with fiat and it costs $5. This makes buying memberships with Moons useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. [They’re taken out of circulation for some time and reintroduced later on](https://np.reddit.com/r/CryptoCurrency/comments/pfxa4t/comment/hb7s2kl/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yp5bfb/daily_general_discussion_november_8_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 26.01.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. And the source code for Moons isn’t open either. > > This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 4 million users while the 10% is shared between fewer than 20 mods. > > In the last distributions, mods got around 20k Moons each while the most active users got around 4k Moons. [There are only 2 people among top 10 Moon holders who are not moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. Special Membership costs 1 000 Moons which is more than $50 as of 26.01.2022. But there’s an option to pay with fiat and it costs $5. This makes buying memberships with Moons useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. [They’re taken out of circulation for some time and reintroduced later on](https://np.reddit.com/r/CryptoCurrency/comments/pfxa4t/comment/hb7s2kl/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/yo70l5/daily_general_discussion_november_7_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 26.01.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. And the source code for Moons isn’t open either. > > This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 4 million users while the 10% is shared between fewer than 20 mods. > > In the last distributions, mods got around 20k Moons each while the most active users got around 4k Moons. [There are only 2 people among top 10 Moon holders who are not moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. Special Membership costs 1 000 Moons which is more than $50 as of 26.01.2022. But there’s an option to pay with fiat and it costs $5. This makes buying memberships with Moons useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. [They’re taken out of circulation for some time and reintroduced later on](https://np.reddit.com/r/CryptoCurrency/comments/pfxa4t/comment/hb7s2kl/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/ymejz6/daily_general_discussion_november_5_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 26.01.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. And the source code for Moons isn’t open either. > > This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 4 million users while the 10% is shared between fewer than 20 mods. > > In the last distributions, mods got around 20k Moons each while the most active users got around 4k Moons. [There are only 2 people among top 10 Moon holders who are not moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. Special Membership costs 1 000 Moons which is more than $50 as of 26.01.2022. But there’s an option to pay with fiat and it costs $5. This makes buying memberships with Moons useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. [They’re taken out of circulation for some time and reintroduced later on](https://np.reddit.com/r/CryptoCurrency/comments/pfxa4t/comment/hb7s2kl/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/ylj5uk/daily_general_discussion_november_4_2022_gmt0/).

CointestMod

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 26.01.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. And the source code for Moons isn’t open either. > > This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 4 million users while the 10% is shared between fewer than 20 mods. > > In the last distributions, mods got around 20k Moons each while the most active users got around 4k Moons. [There are only 2 people among top 10 Moon holders who are not moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. Special Membership costs 1 000 Moons which is more than $50 as of 26.01.2022. But there’s an option to pay with fiat and it costs $5. This makes buying memberships with Moons useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. [They’re taken out of circulation for some time and reintroduced later on](https://np.reddit.com/r/CryptoCurrency/comments/pfxa4t/comment/hb7s2kl/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/ylj5uk/daily_general_discussion_november_4_2022_gmt0/).

CointestAdmin

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 26.01.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. And the source code for Moons isn’t open either. > > This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 4 million users while the 10% is shared between fewer than 20 mods. > > In the last distributions, mods got around 20k Moons each while the most active users got around 4k Moons. [There are only 2 people among top 10 Moon holders who are not moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. Special Membership costs 1 000 Moons which is more than $50 as of 26.01.2022. But there’s an option to pay with fiat and it costs $5. This makes buying memberships with Moons useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. [They’re taken out of circulation for some time and reintroduced later on](https://np.reddit.com/r/CryptoCurrency/comments/pfxa4t/comment/hb7s2kl/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/xta3ma/daily_general_discussion_october_2_2022_gmt0/).

CointestAdmin

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 26.01.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. And the source code for Moons isn’t open either. > > This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 4 million users while the 10% is shared between fewer than 20 mods. > > In the last distributions, mods got around 20k Moons each while the most active users got around 4k Moons. [There are only 2 people among top 10 Moon holders who are not moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. Special Membership costs 1 000 Moons which is more than $50 as of 26.01.2022. But there’s an option to pay with fiat and it costs $5. This makes buying memberships with Moons useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. [They’re taken out of circulation for some time and reintroduced later on](https://np.reddit.com/r/CryptoCurrency/comments/pfxa4t/comment/hb7s2kl/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/xta3ma/daily_general_discussion_october_2_2022_gmt0/).

Altcoin-Mixtape-Vol1

If you wanna join a real strong movement for nowadays times, get your a** up and FVCK TEH SYSTEM! Join the $CHAOS movement and support $ANARCHY Now or later, doesn’t matter, since this is what our time needs to get back to OG crypto!

CointestAdmin

#Moon Con-Arguments Below is an argument written by Blendzi0r which won 1st place in the Moon Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *First Published on: 14.10.2021* > > *Last Edited on: 26.01.2021* > > # What are Moons? > > Moons were [launched by Reddit admins in May 2020](https://np.reddit.com/r/CryptoCurrency/comments/gj96lb/introducing_rcryptocurrency_moons/) on Ethereum under the [Community Points](https://www.reddit.com/community-points/) project. Users earn them by contributing (commenting, posting, taking part in contests, etc.) to r/CryptoCurrency (r/cc) subreddit. Moons represent "[a unit of ownership](https://www.reddit.com/r/CryptoCurrency/wiki/moons_wiki)" in the subreddit. > > # What are their cons? > > **THEY ARE CENTRALIZED** > > Reddit reserves the right “[to modify, suspend, or discontinue the Services (in whole or in part) at any time, with or without notice to you](https://www.redditinc.com/policies/beta-terms-of-service)”. Moons are completely dependent on Reddit. If Reddit was to abandon the project, Moons would most probably become worthless. > > It's also worth pointing out that Moons are developed by people hired by Reddit but that’s all we know. We don’t know who exactly is responsible for the development. And the source code for Moons isn’t open either. > > This is centralization to the fullest and centralization goes against the core principles of cryptocurrencies. > > **MODERATORS ARE TOP HOLDERS** > > 40% of each [distribution](https://www.reddit.com/community-points/documentation/distribution-process) goes to Community Tank (managed by Reddit), 10% to moderators and 50% to users. It might not look that bad at first glance, but consider the fact that the 50% is shared between more than 4 million users while the 10% is shared between fewer than 20 mods. > > In the last distributions, mods got around 20k Moons each while the most active users got around 4k Moons. [There are only 2 people among top 10 Moon holders who are not moderators](https://ccmoons.com/) (one of the users isn't a moderator but it's an account that is managed by mods). > > It’s [against Terms of Service](https://www.redditinc.com/policies/beta-terms-of-service) to trade Moons but if it was allowed (;-)) we could **speculate** that mods would be able to manipulate the price of Moons because they hold so many of them and can easily communicate with each other. This, again, makes Moons centralized because even if they were to become independent of Reddit, there are too many tokens owned by too few people. > > **MODERATORS AND ADMINS HOLD A LOT OF POWER** > > Not only do moderators and admins hold so many Moons, they also hold an absolute power over the sub. This would be understandable if Reddit didn’t claim that [Community Points are to give the control over the social media to the users](https://www.reddit.com/community-points/). > > Currently, **mods and admins decide which proposal are voted on** and which aren't. Mods can also delete posts and [deleted posts don’t receive Moons](https://np.reddit.com/r/CryptoCurrency/comments/oy8aks/disqualify_removed_content_from_moon_rewards/). They are sometimes accused of not providing clear explanation on why some of the posts were removed. > > **EXTREME SUPPLY INFLATION** > > There are people who say that Dogecoin is very inflationary but in 2021 Moons were 10 times more inflationary: **in 2021, total supply of Moons went up by more than 50%!** (from 86 669 639 in Round 8 to 132 475 902 in round 21. Disclaimer: this does not take into account how many Moons were burned/lost). > > This year, supply inflation of Moons will be at around 25%. Even if many of them are burned or lost, Moons will remain a highly inflationary token for some time. > > **FEW USE CASES** > > As of now, the use-cases of Moons are rather limited. Their main purpose is **voting in Governance Polls** but, as mentioned above, those polls are pre-selected by mods who, in reality, also hold more voting power than users. > > The other uses of Moons include **tipping**, **redeeming** them for Reddit coins or **buying** a Special Membership. From those three, only tipping is useful. Special Membership costs 1 000 Moons which is more than $50 as of 26.01.2022. But there’s an option to pay with fiat and it costs $5. This makes buying memberships with Moons useless. > > **SPECIAL MEMBERSHIP IS FALSELY ADVERTISED** > > As mentioned above, you can buy a Special Membership with Moons. It is marketed by Reddit that such purchase burns Moons. However, those **Moons aren’t really burned**. [They’re taken out of circulation for some time and reintroduced later on](https://np.reddit.com/r/CryptoCurrency/comments/pfxa4t/comment/hb7s2kl/?utm_source=share&utm_medium=web2x&context=3). > > **MOON FARMERS AND CHEATERS** > > Moons engage users’ participation but much of this participation has only one goal – earning Moons. This often results in **low quality posts, spamming** of simple and pointless comments or even **breaking the rules** of the sub. > > In September, it was revealed by r/LazyMoons that [one user farmed Moons on at least 5 accounts](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/). On one occasion, he even managed to max out karma on two different accounts! As a result, he was able to earn a [massive number of Moons](https://np.reddit.com/r/LazyMoons/comments/pjd7kh/expose_uhame_bih_and_uobito_dos3_are_the_same/hbvutxo/?context=3) in illegal way. > > **DOWNVOTING** > > How many Moons each and every user gets depends not only on his/her personal karma but also on other users’ karma. There’s a fixed number of Moons distributed in each round and it’s divided by the total karma earned by all users. So, the more karma users earn, the lower is the distribution ratio. > > This prompts some people to downvote other users in order to push the ratio higher. They probably believe that this way they will receive more Moons themselves, however, their actions have barely any impact on the ratio. But they have have impact on other users who often feel discouraged of participating in r/cc. > > r/cc is also a sub with [one of the lowest numbers of upvotes per post](https://subredditstats.com/r/CryptoCurrency). Even posts with an overwhelmingly positive feedback usually have a small number of upvotes compared to the number of comments. This, again, discourages people who provide the sub with high quality content as they aren't rewarded enough compared to those who e.g. produce witty comments. > > **CHAOS AND CONFUSION CAUSED BY CONSTANT RULE CHANGES** > > Every 4 weeks Governance Proposals are voted on. They sometimes have the potential of changing the subreddit (and its rules) in a substantial way. Many of them are/were made because of Moons and users who try to exploit the system. In 2021, there were so [many changes](https://www.reddit.com/r/CryptoCurrency/wiki/ccip_list) made, that redditors found it hard to stay updated on the rules. If it wasn't for Moons, those changes wouldn't have happened. > > **MOONS WILL BECOME JUST ONE OF MANY OTHER PROJECTS** > > Reddit [announced](https://www.reddit.com/community-points) that it wants more subreddits to use Community Points. More subreddits will surely launch their Community Points projects in the future. This might include the most popular subreddits. There’s a risk that Moons might then become less attractive and be overtaken by other token(s). > > **YOU CANNOT HIDE HOW MANY MOONS YOU HAVE** > > The [rules](https://old.reddit.com/r/CryptoCurrency/wiki/expanded_rules#wiki_rule_vi_-_personal_information) of r/cc advise redditors to not disclose information about their portfolios. However, Moons are always displayed next to a username. The only way to hide them is to send them to another address or create an alt account and send them there. However, those transactions can be tracked on blockchain. Also, if you don’t hold your Moons in your vault, you lose your voting power during polls. > > \_\_\_\_\_\_\_\_\_\_\_ > > Moons are certainly a unique and promising project. But the project has many flaws and risks attached to it. It’s still in an experimental phase and can be abandoned by Reddit at any time. The main imperfection of Moons is that they’re heavily centralized. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4ygx/coin_inquiries_round_moons_conarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Moons) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/vpazdp/monthly_optimists_discussion_july_2022/).

Yegpetphoto

You're not even Tin so I bet you cause absolute CHAOS around here.

SwaggerSaurus420

at this point I don't even care I'm losing money. we need the purifying flame MAY CHAOS TAKE THE WORLD