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.
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I can’t identify with giving reddit money but I can sympathize with people who were saving monthly coins they paid for. Seriously, it has to be deliberate now. Why piss off your most loyal, paying customers? Is it a test?
Yeah, it’s a mystery to me how much money they got from these types of things. It’s a company that is supposedly not profitable, yet there is online rage about something some people bought. It makes me wonder about so much. First, I had no idea so many people payed money for these things. Second, Reddit wants us to believe, through legal loophole magic and accounting, that it is not profitable.
i used coins basically as a bookmark feature for great posts; it was nice to give a treat to a good poster as well. so incredibly stupid they’re destroying the site like this
Especially taking things away from people who prepaid for those things
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Sometimes prepaying is the more frugal option, since there’s usually a discount for buying in bulk. As of January of this year, I wouldn’t have believed you if you had told me that Reddit was going to do something so egregious that I would permanently stop browsing there.
Any kind of paying for this kind of junk, whether it’s prepay or not, is a waste of money and people should just stop doing it. There are far better things to do with money than to buy some digital thing-a-ma-bob that is useless and can disappear any old time at the whim of the web site owner. I mean, I could make the same argument about knickknacks, because they’re silly and collect dust. However, a web site can’t remove them from your house. So, even a knickknack that collects dust is a better purchase than digital coins and awards and all that other bullshit.
I hated the “coin culture” with a passion (hey, look, it’s Bill Gates, let’s give him tons of paid emoticons he won’t care about!), but it’s clear this move is part of Reddit’s further enshittification. You can bet whatever replaces coins will be even shittier, and I think Reddit’s users know it.
My bet? NFTs.
reddit does have a rather thriving nft market for avatars
Surely this isn’t true.
It unfortunately is. If it’s still alive, that is.
Yea I think the outrage is or should be directed at removing the already given awards. Just to go and wipe everything is not a great idea
Especially gold. The other awards were arguably bloat, but gold was iconic to reddit. All those classic posts now missing their gold seems wrong.
As someone who would never pay for reddit coins or premium, it’s still pretty easy to identify with them.
They paid for a product and now it’s being removed with no compensation or refund. That’s total bullshit regardless of what the product was.
It’s hard for me to identify with them because it’s just not very smart to pay money for that kind of crap. I don’t buy stuff that can be taken away like that. It is true that nothing lasts forever, but digital doo-dads only last as long as the web site you bought them on. I hope they learned their lesson. I doubt they did. People pay for this stuff every day on web sites. Cosmetic stuff for avatars, special edition avatars, little award thingies, blah blah blah. It’s all a waste. It’s very easy for people to say, “eh, it’s only a dollar” or “eh, it’s only 50 cents” or “meh, it’s only 5 bucks” but if you repeatedly spend money on those things it adds up. So, do I feel bad for these outraged people? No, I don’t. They should smarten up and stop wasting money.
sounds like an easy chargeback claim if that’s the case, “service not rendered/doesn’t exist anymore” might lose the acct out of it but who really cares at this point
Is spez trying to beat Musk’s record for number of strategic blunders made while running a tech company?
It seems so, and also seems like he’s in a hurry to catch up.
Spez idolizes Musk. So he’s doing the exact same thing.
laughs in Lemmy/Kbin
A Lemmy lemon for your good sir! 🍋
I like Lemmy Lemons 🍋
Lemons always bring to mind Cave Johnson’s rant about making life take the lemons back and burning houses down with combustible lemons😌
Give and you shall receive, one prestigious award for you sir: Lemmy lemonade.🍹
Thanks for the drink!
Give and you shall receive, one prestigious award for you sir: Lemmy lemonade.🍹
Thank you kindly!
I would not mind a Lemmynade as part of the greater Lemmy award system, if that is even possible in a fediverse.
It is, I have them 100000000+, help yourself:
🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋…
No! Stop! Cease and desist! You’re ruining the lemon economy and now my lemons aren’t worth anything. :(
Lemmy lemon party!! 🍋🍋🍋🍋🍋🍋🍋
Here have a dollar 💵
🍋
How many times do we have to teach you this lesson old man
😂
they just want to become as generic as possible lol. “Let’s see how much fun we can drain from the lives of our zombies”
Amazing. Really does sound like they’re trying to sabotage the site now.
I was thinking about it; Lemmy could technically implement a system of gold on its own e.g can give one award a month after hitting a certain karma level or something to siphon more Reddit users.
But a lot of people on this site seem to not want normie Reddit users flocking here and my personal expectation is that people here would not care for awards. So whether they flock here or not will likely depend on how fed up they get.
A lot of Reddit users have become more toxic over the years. Let them sink down with the Reddit failboat, we don’t need them here.
With how Lemmy works, it might be a little complicated. Especially since the payment information would need to be federated, and there would be a lot of complications depending on the region the server was hosted in.
Given the work by the guys behind podcasting 2.0 it would be interesting to see the fediverae adopt boosts backed by sats / the lightning network. It seems like they solve a lot of the same problems. You need a common currency people can freely transfer in small amounts to support content they like and the infra they are hosted on.
Here is an article by one of my favorite podcasts that have gone all in on boosts.
Yeah. Giving awards would probably be limited to comments/posts that are on the same instance as your user.
Honestly I wouldn’t want anything baked into the protocol, but I can see people donating small amounts to the instance hosting a worthy comment if there was a simple enough way to do it.
Cryptocurrencies were supposed to enable that, but I think we are still a long way away (no, lighting does not qualify).
I think it would be a great system to easily donate to instance hosts if it was supported as an instance opt-in feature.
That was the original premise of reddit gold. You bought it to support the server costs. It used to even show you how much server time your gold had supported. I think at one point it even had a progress bar for monthly costs.
I have no problem with Redditors flocking over here, but I just don’t think online discussions should be “awarded”. It just distracts from actual discussion and turns everything into a popularity contest. Leave the karma and point hoarding on Reddit IMHO.
Feels like Elon bought Reddit and we just haven’t heard about it yet
I prefer to think that it’s all coordinated by real life Bond villain (and Musk’s old business partner) Peter Thiel. He failed at setting up competing Twitter platforms, so he got Musk to buy and tank it. After seeing how effective that was they roped in reddit’s owners to undermine that as well.
Let’s not forget the Saudi royal family. They really hate social media.
Definitely not. Here’s the breakdown of the $44 bn purchase:
- $5 bn from other investors, including a Saudi prince
- $26 bn from Elon, underwritten by stocks in Tesla (which significantly dropped in value after the purchase)
- $13 bn in a loan that Twitter took out to buy itself on Musk’s behalf.
Twitter could hardly pay the interest on that $13 bn, even before Musk tanked the company’s revenue. Either Twitter steps into line and gets more investment from right wing control freaks, or it dies - both could be seen as a win in the eyes of Peter Thiel or the Saudis.
don’t you mean billion?
I did, thought I’d edited out all the "mil"s hah. Thanks, fixed now.
Sort of feels like spez made a bad decision, went all out on it, and in order to drown out the consequences he decided to snort some crack before deciding what to do.
@InternetTubes @phx He did the Jerma joke “Do so much dumb shit that people have problems trying to figure out why people are mad at you” but unironically and irl
I think little piggy spez is an Elon fanboy so it makes sense
https://i.imgur.com/sGCReCn.png
Can someone please put Elon’s face (person on the right side)
My eyes and I are very upset with you for causing me to see such horror
I admit I like upvotes. They provide feedback on whether a comment was helpful. And awards highlighted the most helpful comments.
Did you mean awards? I haven’t found anyone who doesn’t like upvotes so I’m not sure why the distinction
The point I tried to make was: Awards are like an upvote on steroids. I like upvotes, so I like awards.
Sorry for wording it so badly.
I dunno, I thought your wording perfectly described Reddit comment experience 🤷🏻♀️
I was hoping we could keep the reddit posts in [email protected]
Nah, lemmy.ml is a fucking shithole.
I’m with you, but judging by the number of upvotes this post got, apparently we’re in the minority on this.
While I agree that user-generated reddit topics are best left to a dedicated community, I also think that published articles discussing the platform are appropriate for any Technology community; no different than Twitter, Threads, or other social media platform news coverage.
i was hoping with lemmy people would stop caring about something completely arbitrary like this
Wasn’t that one of the exclusive “features” of the official app. I guess there’s no point for exclusive features now.
They are slowly working themselves up to disabling old.reddit.com .
that used to be what i though would be my queue to exit…until i realised that my reddit experience was basically RIF… so yea if they want to get rid of another great chunk of users, do get rid of old reddit, do it spez!
Same here.
I didn’t think old reddit would outlast me lol
Haha same. “Oh I will just use old reddit” forgetting that 95% of my internet usage is mobile and old.reddit is nearly impossible to navigate on mobile. I have been 94% Lemmy since July.
It’s funny whenever this is brought up on a reddit admin post. They always come with some stat saying a tiny % of users use old.reddit.com like that means people barely use it and therefore useless. But I see a lot of active posters talk about it which means those are probably the users you want to keep around lol.
That’s gonna be the final nail in the coffin for me. As of now I only go there for my city’s subreddit as the fediverse equivalent isn’t quite active yet.
Go be the change you want. Create posts, invite the users from your city’s subreddit
the more libreddit instances they kill the less time they have to live
People who think they’re replacing it with crypto place your bets here!
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It’s the obvious answer, but I wonder if it would implode in their face in some interesting ways.
Reddit has been the epicenter of a lot of crypto communities over the years. They’ve been there for plenty of projects to rise and fall, and most importantly, the wholesale evolution of the market. The remaining crypto market is not a place where you can hope to launch a new, lasting project on hope, enthusiasm, or promises of future utility. For anything outside a few very narrow cases (actual CBDC or related projects), the announcement of a new project is little more than starting the count-down to the inevitable rug-pull, technical collapse, or financial meltdown. All this is documented in huge detail across their communities.
Launching a new crypto-based product in 2023+ would be like Airbus saying “we’re going all in on propeller triplanes.” It’s sketchy, and they have full knowledge that it’s sketchy. I sort of wonder what promises and stories they’ve tossed towards their existing investors, who I imagine are frantically Googling the phrase “breach of fiduciary duty” already.
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I suspect we’ll see products that end up getting branded CBDC (e-yuan, e-rupee, e-dollar), but it may look nothing like blockchain hype projects.
There are plenty of real world problems that a natively digital transaction system can mitigate. The obvious use case is “I’m in Los Angeles, how can I pay someone in Edinburgh three pounds without spending days for settlement, worrying about inter-bank communication, or dealing with private firms that have turned it into a rent-seeking space that adds huge fees”. Note this can be done without some elaborate blockchain system. In fact, a centralized service operated by the state has the right incentive alignment: they are more beholden to the social and political goal of “efficient commerce helps economic growth” rather than the private-enterprise mindset of “if I can get people to consume the tokens I already own, I can be a kazillionaire.”
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Honestly probably an nft. Pay extra for your own unique award to give out! 🤮
i want a 3 cent (eur) nft
Reddit already has NFT avatars. Adding them for awards would make sense with that recent story about letting users make money from their awards. Bleh.
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I raise you this inanimate carbon rod.
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Apparently, Reddit didn’t learn anything from Digg
This reminds me of the youtube dislike button thing. When a popular majority opinion pops up against the rich, it usually brings lots of gold and platinum awards which drives engagement and visibility. It is not very advertiser/owner class friendly and gives too much power to the masses.
Any new system they create, if any, will not allow this kind of behavior.