this post was submitted on 15 Jul 2023
1157 points (97.3% liked)

Technology

59103 readers
5417 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s
[email protected]
[email protected]
L4s
enu
1157
Reddit enrages users again by ditching thank-you coins and awards (www.businessinsider.com)
submitted 1 year ago by L4s to c/technology
190 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 4 points 1 year ago* (last edited 1 year ago)

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.