this post was submitted on 09 Aug 2023
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Read all about it at the above link. There's way too much to process here. This is going to be wild.

(page 3) 50 comments
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[–] [email protected] 34 points 1 year ago (2 children)

They have been experimenting with this on /r/cryptocurrency for a long time. I was a moderator in that ecosystem and am good friends with some of the mods there. I've always been weary of moons, but I didn't think they would actually bring it to the whole platform.

This is definitely a paradigm shift that'll be an interesting dumpster fire to watch.

I work on Ethereum related things full time (and love the core parts of it), but I also, like you, think most crypto stuff is a slimy scam. Stuff like this is exactly why. It's a way for reddit to encourage bots to farm karma for real/fake money on garbage repost content.

I know crypto/blockchain in general is mostly hated in this community, and stuff like this absolutely does not help.

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[–] [email protected] 33 points 1 year ago (1 children)

Ah now they can add the buzzword "Blockchain powered" on every page of their IPO prospectus

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[–] [email protected] 32 points 1 year ago

Knew before clicking it'd be crypto crap

[–] [email protected] 32 points 1 year ago (3 children)

If this were written by anyone else, it would read as an absolutely sarcastic and ironically self aware lampoon-esque post

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[–] [email protected] 32 points 1 year ago (3 children)

Step 1. Kick out all the mods from the past 15 years Step 2. Spez temper tantrum Step 3. Give ownership to ???? Mods and content creators???? Or some shit??? Step 4. Pr?f?t????

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[–] [email protected] 31 points 1 year ago (5 children)

What the fuck is in the water over at the Reddit HQ, lead?

[–] [email protected] 21 points 1 year ago (1 children)

Research shows that if you train AI on the output of other AI, there happens a "model collapse" where the AI makes more and more errors and distortions.

The same happened with tech bros.

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[–] [email protected] 30 points 1 year ago (1 children)

How many community coins make a Shrute buck?

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[–] [email protected] 29 points 1 year ago

Corporate centralized social media: advertises "decentralization" through crypto People on actual decentralized social media: "That's the stupidest thing I heard in the last 2 days"

[–] [email protected] 28 points 1 year ago

I am so glad I made a bet with a friend about reddit being much smaller or dead in 5 years, it just keeps getting better for me.

[–] [email protected] 28 points 1 year ago (5 children)

Oh what complete fucking energy wasting bullshit that can be handled by a simple db. Just more corporate buzzword bingo from these jackasses in charge.

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[–] [email protected] 26 points 1 year ago* (last edited 1 year ago) (3 children)

Is this just a way increasing their perceived worth by making people buy their shitty crypto and locking it into the platform that can only be spent on reddit features?

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[–] [email protected] 26 points 1 year ago (3 children)

So, they’re saying they’re going to pay people to post and mod, but in a cryptocurrency whose value isn’t listed here? I’ll bet someone’s already coding a whole bot forum to get all the community points.

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[–] [email protected] 26 points 1 year ago (1 children)

Wow... You will be much more free... if you pay us...

What.

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[–] [email protected] 25 points 1 year ago* (last edited 1 year ago) (4 children)

Oh! So they know most of the people still on their platforms are gullible doom scrollers they can milk with crypto or whatever monetization scheme they want. They know they're scum and are cool with it.

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[–] [email protected] 25 points 1 year ago (1 children)

Lol. What a shit system. Apart from it being not as popular, Lemmy is a lot better than Reddit lmao.

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[–] [email protected] 25 points 1 year ago* (last edited 1 year ago)

Called it. It's crypto.

[–] [email protected] 25 points 1 year ago (1 children)

Sometimes I wonder if the people who work at Reddit have ever heard of Reddit.

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[–] [email protected] 25 points 1 year ago

Missed the crypto craze a bit late there.

[–] [email protected] 25 points 1 year ago

They should put their money where their mouth is - give out shares of their upcoming IPO for Karma. 10000 Karma = 1 share or something like that. If you thought their system was broken before, just you wait!

[–] [email protected] 24 points 1 year ago

Adblockers should add reddit.com as a shaddy and unsafe link

[–] [email protected] 24 points 1 year ago (5 children)

It’s a fucking blockchain. I’m fucking done. That’s it. I’m going to put the Reddit app in a folder and pretend it doesn’t exist.

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[–] [email protected] 24 points 1 year ago

tl;dr, it's more crypto bullshit and it requires the reddit mobile app.

[–] [email protected] 23 points 1 year ago

This seems quite silly.

[–] [email protected] 22 points 1 year ago (12 children)

Am I the only one that used Reddit till just recently and has no idea what coins or awards are, or what purpose they served?

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[–] [email protected] 22 points 1 year ago (5 children)

FUCKING CRINGE REDDIT, FUCK SPEZ, FUCK REDDITORS AND ALSO FUCK EVERYONE WHO STILL USES REDDIT FOR ANYTHING AFTER THIS!

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[–] [email protected] 22 points 1 year ago (1 children)

It isn't new, and framing it as though it were seems rather disingenuous.

Archive link from two years ago : https://web.archive.org/web/20211208000349/https://www.reddit.com/community-points/documentation/introduction

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[–] [email protected] 22 points 1 year ago (2 children)

so what am i missing? how are these points awarded? just by purchasing them? like the awards? this sounds like some dumb mother fucking shit.

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[–] [email protected] 21 points 1 year ago (1 children)

Reddit's hypocrisy is mind-boggling!

After proving in recent weeks that 1) they want anything but free and independent communities, and 2) they want nothing more than complete control over their communities and their data, and 3) they have no interest in being an open platform (where are the 3rd part apps? why force the app when you open Reddit in a browser?), they have the nerve to say all this about freedom and independence?

Who believes it? Is this a way to win back lost users? Restore damaged trust? It's obviously not what they say it's about. Companies don't give away freedom, Reddit least of all. There's plenty of evidence for that.

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