For sure, I also can’t believe reddit has much intrinsic value when it’s botted/astroturfed to oblivion… I think that tech savvy investors are aware of these issues and may just end up shorting the stock. No matter what someone’s making money off of this.
Official_Cake
joined 1 year ago
Yeah that's basically it. Bots had overtaken Reddit too and just propagated that problem by re-posting posts/top comments.
Its a reference to Usenet back in 1993, its essentially when an online community has to deal with a never ending influx of new users. So think of this as Reddit before it got big/mainstream.