Reddit enrages users again by ditching thank-you coins and awards::Reddit, which is still dealing with the fallout from its last controversial decision, said it plans to phase out coins and awards.
did they just… k kk kill a source of… i in income!!!
“We will continue pursuing profit until we are profitable”
-some dumbass
They have something worse up their sleeves
I can see it coming:
“Users can now reward content with NFTs of bored reddit aliens”
I think that reddit’s “going public” guru squad doesn’t want redditors to be able to have any control on what content is pushed to the top of the queue. That is just a guess, though.
Then why don’t they just alter the algorithm or remove any coin-related influence? The average redditor does not care/know that gilded posts reach the top.
Because it causes engineering overhead that perhaps no one there wants to do. And when reddit gets its IPO it will no longer give a hoot and an half about the “average redditor” because profit suddenly becomes the only thing that matters to shareholderds.
What I am saying is that the visibility that coins make is prolly not inline with the people that want to use reddit to push products, shows, and ideologies for profit.
It is just about control.
Upvote/downvote counts to be hidden next
They’re already manipulated and dont show a true total, Reddit stops counting if they want to.
That is a good point.
