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You can absolutely downvote posts. You have to have a certain amount of karma before the option becomes available.

No I was wrong. You can't downvote posts. Flags are used instead, apparently.

Yes, and I will fully agree with you that flags are overpowered. That system does need to be re-worked IMHO.

freedomben has 28k karma. I don’t think the downvote button is coming.