Preface
Welcome to r/CryptoMonitor. Please take some time to read the guidelines listed herein before engaging with the subreddit. Unlike other communities, which host a variety of content, this subreddit will cater only to the regulatory environment surrounding cryptocurrency. This includes only significant legislation and events within G20 countries (with a heavier focus on G7 countries) as they relates to the cryptocurrency space.
Moderation
Unfortunately, this subreddit will be moderated very tightly, but that doesn't mean we don't want you here. This subreddit's goal is for any individual to be able to quickly pop their head in, and see how potential policy [or policies] could affect their holdings.
Expectations & Posts
Posts should not contain any opinion[s].
For example, the recent legislation from FinCEN involving private wallets. An acceptable post summarizes the policy in a few bullet points, and preferably links the press release (typically inclusive of the PDF link), and the PDF link. Posts themselves should contain absolutely nothing but the professional commentary therein. Posts should be short enough that people can read them in under five to ten minutes. If people care, they can visit the linked press release. If people care enough, they can either read the entire linked PDF, or they can read the various policy interpretations from media outlets. The proposals/policies should be meaningful to [all of] the cryptocurrency space. For the most part, unless the cryptocurrency has a large market capitalization (>$10B), the policies discussed should be relevant to the entire cryptocurrency environment. For example, a post about a press release titled "ECB: The European Central Bank is favorable of Dash" will be deleted. An acceptable post would even include the (very recent story of the) SEC charging Ripple's executives. Given the influence of Ripple, it is important to follow these events. Typically, professional commentary will not be conditional in nature, that is, there should not be an "if-then" element to them. We want to stay away from speculation, and look to post on real-time releases. For example, even if the commentary is from a reputable source but is as follows, "XRP Executives being charged is not good for other Cryptocurrencies like Bitcoin." The post will most likely be deleted.
This subreddit is committed to maintaining the highest level of integrity, and interaction within r/CryptoMonitor, should be relatively indifferent. This is not to say your opinion is wrong, but the goal is to have an informed community.
The comment sections will [almost always] be open for discussion, but low-effort posts will be discarded; as will comments that are critical. Again, your opinion may be correct, but the goal of this subreddit is not to agree, it is to be informed on the regulatory environment. Unacceptable comments include, "this is so ridiculous, the government can't infringe on private wallets." Not only is that comment your opinion, but it is low effort. Acceptable comments might include, and even the following example is tainted with some opinion; "This will definitely discourage the widespread development and application of cryptocurrency. Given what happened to Ledger, it is unsettling to imagine the government with all of this information."
Said Best,
This subreddit can be an amazing resource for you to learn about the economy without additional media spin, sensationalism, or selective reporting. However, to preserve the integrity of the subreddit strict moderation is necessary. Reddit is a large and diversified place so should you take issue with these guidelines then there may be more appropriate subreddits for you to participate in. We welcome all readers but we do not intend to cater to the masses of Reddit.
