this post was submitted on 16 Jul 2023
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Reddit Migration
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I haven't heard about this tipping system. ELI5?
https://www.reddit.com/community-points/
Edit: holy fuck no one told me it was a blockchain cryptoshit??? That's even funnier π
This will end well...
EDIT
What they're really looking for are a bunch of whales to drive engagement.
Call me a cynic but I suspect the biggest 'contributor' to r/product will end up being product's marketing department account, likewise with r/country and party-political apparatchiks. The move is elegant in a way: Reddit Inc can ruin true democratic operation of subs by turning subscribers into shareholders (which wards off repeats of mod activism) and simultaneously provide further cover to astroturfers (lots of points = Time and Effortβ’ = good faith actor).
Oh, absolutely this is the case. Reddit could even run bot accounts to gain a lion's share of points for any particular sub they want to control, thereby stifling any sort of protest or activism authorized by sub vote.
I see you edited your post. That'll be 2 CrYpToBuCkS!
I will give you 2 shiba inu coins (worth $0.00001574).
Aw shit, look out Elon, here I come!
Ironically you'd need something like a cryptocurrency if you wanted to implement something like that for the Fediverse.
good thing we don't want it
Generally speaking the solution to these sorts of things when one doesn't want it is "then don't use it." That's especially true in a federated, decentralized system like this.
yeah but this is the specific kind of engagement bait and whatnot that can stay on the corpo social nets
Why? I mean, technologically, why couldn't a more standard payment platform work, and then just pass around those payments among instances? PayPal is not crypto, but you can use it almost anywhere online.
PayPal is not decentralized. None of the "more standard" payment platforms are. If you want to have some kind of cross-instance limitation on things like awards and not have instances be able to just spew them out willy-nilly if they want to then you're going to need some kind of decentralized ledger to track them authoritatively, and that's basically cryptocurrency in a nutshell. This is what cryptocurrency is for.
Ew
Hahahah jesus christ
Yeah it's been enabled on the crypto reddits for a while... as a result the subs overwhelmingly changed to "vaguely interesting and/or attention-grabbing but ultimately useless with a race to see who's first" posts, signal-to-noise ratio got way worse.
Who could've called it? Never saw that coming
Itβs beyond parody at this stage.
the snoos having hair is the real crime against humanity here. who the fuck asked for snoo to be memoji's? what is going on over there?!