491

I just install Reddit official app to see watch they offer. And holy cow. They are selling NFT-like stuff.

Instead make a better app, they give use this.

you are viewing a single comment's thread
view the rest of the comments
[-] fiat_lux@kbin.social 8 points 1 year ago

My theory is Musk is trying to bankrupt Twitter quickly so he can minimise his losses, after his impulsive ego finally had some consequences. I think Huffman thinks Musk is a genius and is trying to emulate him by pivoting into crypto, to create his own PayPal style pay day.

I also don't think he's going to be able to create the perpetual motion money machine he's expecting, but it's not like he's going to go personally bankrupt trying. Graphic artists are a cheap labor business expense compared to the potential gain, and at worst you get your own marketplace out of it.

It would be easy enough to launder cash through such a system that he'll probably make more money than most will ever own in their lifetime. Even if 99% of it is only ever traded for less than a dollar.

The question I have is whether he's competent to keep enough users for a long enough time to buy a personal fortified island or just a personal apocalypse fort.

[-] Pandantic@lemmy.world 4 points 1 year ago

Graphic artists are a cheap labor business expense compared to the potential gain, and at worst you get your own marketplace out of it.

And I wonder if they are even using graphic artists or if they’re using AI generated images.

[-] fiat_lux@kbin.social 3 points 1 year ago

There's probably 1 or 2 for quality control over the entire collection, and maybe a little retouching, but I assume it's largely AI too.

[-] SupraMario@lemmy.world 2 points 1 year ago

This is reddit not Twitter and has nothing to do with musk.

[-] Trainguyrom@reddthat.com -1 points 1 year ago

Wrong social media company that's imploding itself through terrible business decisions in a race to try to become profitable

[-] fiat_lux@kbin.social 3 points 1 year ago

They're both making terrible business decisions, that's the point.

this post was submitted on 27 Jul 2023
491 points (95.9% liked)

Reddit

17443 readers
61 users here now

News and Discussions about Reddit

Welcome to !reddit. This is a community for all news and discussions about Reddit.

The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:

Rules


Rule 1- No brigading.

**You may not encourage brigading any communities or subreddits in any way. **

YSKs are about self-improvement on how to do things.



Rule 2- No illegal or NSFW or gore content.

**No illegal or NSFW or gore content. **



Rule 3- Do not seek mental, medical and professional help here.

Do not seek mental, medical and professional help here. Breaking this rule will not get you or your post removed, but it will put you at risk, and possibly in danger.



Rule 4- No self promotion or upvote-farming of any kind.

That's it.



Rule 5- No baiting or sealioning or promoting an agenda.

Posts and comments which, instead of being of an innocuous nature, are specifically intended (based on reports and in the opinion of our crack moderation team) to bait users into ideological wars on charged political topics will be removed and the authors warned - or banned - depending on severity.



Rule 6- Regarding META posts.

Provided it is about the community itself, you may post non-Reddit posts using the [META] tag on your post title.



Rule 7- You can't harass or disturb other members.

If you vocally harass or discriminate against any individual member, you will be removed.

Likewise, if you are a member, sympathiser or a resemblant of a movement that is known to largely hate, mock, discriminate against, and/or want to take lives of a group of people, and you were provably vocal about your hate, then you will be banned on sight.



Rule 8- All comments should try to stay relevant to their parent content.



Rule 9- Reposts from other platforms are not allowed.

Let everyone have their own content.



:::spoiler Rule 10- Majority of bots aren't allowed to participate here.

founded 1 year ago
MODERATORS