In this article, we advocate for a swiss cheese model of mitigating online misinformation i.e. layering different approaches instead of treating any one as a “silver bullet”. We focus on the role of peer correction as an effective approach, especially when coupled with content moderation and labeling along with improving media literacy and education. In such a system, everyone, including the average social media user and not just experts, have a role to play in stemming the tide of misinformation. We advocate for a stronger emphasis on empowerment of social media users because social media fosters weaker ties between people as opposed to strong ties with people we interact with everyday in offline life. This weaker tie ensures that more diverse opinions and new perspectives reach us and even when we are just observing others being corrected online, we are able to accept it because we are less emotionally attached to the topic. Moreover, peer corrections are offered immediately after the misinformation which ensures that it doesn’t take a hold on someone’s mind.