This is a most excellent place for technology news and articles.
Not trying to brag, just for the sake of this discussion, I had a shit ton of karma and I would get gold awards all the time. I guess Reddit is saving money by me refusing to go back there. That sort of puts me in a bind. Do I keep away from Reddit or do I help bleed them dry?
Just kidding, fuck Reddit. I am totally done with them.
It won't be retroactive. They'll come up with a new award instead.
Did you really believe they'd honor golds of old?
Okay, hear me out. Someone make a gold-farming bot on reddit, and take that money and donate to some lemmy/kbin instance. I think we found a way to fund lemmy/kbin! Reddit will do it for us!
A real move of desperation. Reminds of steemit, a crypto-based social network that never took off
Forgetting everything that's happened so far, and taking that statement at face value... That is exactly how things should have always worked...
Make *****, get eXpOsUrE. How in the hell did the internet turn into we pay for access; we use it to socialize, share art, ideas, answers, make connections. And now they are not only making money selling our data, but we're expected to pay for their crap content they scraped from our own data?
Just more confirmation that the decision to leave Reddit was the right and best one. Bots, AI and farms will be all that's left on Reddit if this goes through.
But I do wonder how a company that hasn't been profitable ever will be able to afford to pay these creators since any cut of ad revenue or award purchases just cuts into the already non-existent profits.
Pffff.. with what money are they going to pay people?
All that sweet, sweet API money that's gonna come rolling in any day now. Yep... annnny day now.
I'm sure this has got to look great for an IPO...
yikess…the world aint ready for reddit influencers
Yeah no way this goes poorly…..
Oh look, another empty promise from Spez.
Reddit Cash will be the exact equivalent of the storied AT&T Visa Gift Card: always promised, forever dangled, and never actually seen. AT&T has been promising me gift cards since the 1990s, and I have yet to see even one.
TL;DR: Reddit Cash? Get it before you swallow.
Reddit was already full of repost bots and karma farmers when the only reward was fake internet points, the site will become completely unusable if they add real money into the mix
