1118
Reddit enrages users again by ditching thank-you coins and awards
(www.businessinsider.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 15 Jul 2023
1118 points (97.2% liked)
Technology
59374 readers
3467 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
did they just... k kk kill a source of... i in income?!?!??!!
I think that reddit's "going public" guru squad doesn't want redditors to be able to have any control on what content is pushed to the top of the queue. That is just a guess, though.
Then why don't they just alter the algorithm or remove any coin-related influence? The average redditor does not care/know that gilded posts reach the top.
Because it causes engineering overhead that perhaps no one there wants to do. And when reddit gets its IPO it will no longer give a hoot and an half about the "average redditor" because profit suddenly becomes the only thing that matters to shareholderds.
What I am saying is that the visibility that coins make is prolly not inline with the people that want to use reddit to push products, shows, and ideologies for profit.
It is just about control.