David Sacks on WallStreetBets as Parler 2.0 & the slippery slope of censorship
00:00:00.320 | wall street bets is parlor 2.0 right and and what happened as soon as wall street bets started
00:00:06.720 | which is the the the reddit kids they started threatening and they wounded these powerful
00:00:12.080 | insiders these rich you know hedge fund magnates what happened they started getting banned off of
00:00:18.000 | discord they got discord as a tech company to kick them off how did that happen they've been
00:00:23.920 | talking on there for months and all of a sudden just magically right at the critical moment where
00:00:28.880 | they're also not allowed to trade their free speech gets cut off that's a that that was
00:00:33.760 | deliberate now i'll tell you how it happens is i guarantee you what these hedge funds did is
00:00:38.240 | they went through the discord room and they screenshotted you know any post that they
00:00:44.160 | could plausibly characterize as you know hate speech or what have you and you know and by the
00:00:50.080 | way i mean those there's a lot of raunchiness in these rooms but it's not hate speech and it's not
00:00:54.880 | organized for the purpose of hate it's organized for the purpose
00:00:57.760 | of the purpose of trades but what they do is they weaponize the censorship rules and they go in and
00:01:03.520 | they screenshot and they give it to discord and they get these guys kicked off and this is exactly
00:01:08.080 | what i've been talking about with censorship it starts with something you like and then becomes
00:01:11.760 | something you don't how many of the people who support these you know reddit kids were in favor
00:01:17.760 | of deplatforming trump and parlor and now they can see where it goes this is slippery slope and
00:01:23.280 | we've only had to wait three weeks to see where it goes it goes to the same place which is the same
00:01:26.640 | same place which is when the people in power get threatened they use these rules they weaponize
00:01:31.920 | these rules to shut down the outsiders and the upstarts that is the problem with censorship
00:01:36.560 | that is why you cannot let the beast get started