this post was submitted on 09 Aug 2023
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Read all about it at the above link. There's way too much to process here. This is going to be wild.

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[–] ZodiacSF1969@sh.itjust.works 58 points 1 year ago (4 children)

Instant eyeroll when I got to 'blockchain'.

I don't even understand the problem they are trying to solve? The only way we are 'second-class citizens' is how the reddit admins treat their users.

[–] assassin_aragorn@lemmy.world 6 points 1 year ago

Yeah this was hilariously ironic to read

[–] SoleInvictus@lemmy.world 6 points 1 year ago

Instant eyeroll when I got to 'blockchain'.

Haha, same. These tech bros just keep recycling the same bad ideas.

[–] linearchaos@lemmy.world 4 points 1 year ago (1 children)

Problem they're trying to solve is their investors are demanding that they IPO.

You're trying to add revenue incomes and alphabet soup to increase their stock price.

[–] ZodiacSF1969@sh.itjust.works 2 points 1 year ago (1 children)

I wonder who the hell would even invest in reddit at this point, it's a mess.

[–] linearchaos@lemmy.world 2 points 1 year ago

I'm right there with you.

If someone asked me to give them cash, I'd look at reviews, find the spez ama and tell them to f off.

But maybe the still convince people that they have millions of active users and those eyes are worth the cash.

They probably plan to say crypto was their goal, the API lockdown was to stop bots from farming coins and people just took it all wrong.

They spin it like a massive success, but the books won't lie. All the content goes to the bots. Digg 2.0 on its way.

[–] SkyNTP@lemmy.ml 4 points 1 year ago

Redditors are second class citizens because they aren't the paying customer.

This ain't some big secret. As usual, follow the money, and you'll quickly find that all of Reddit (the company)'s actions, are perfectly rational and expected.

I think a lot of Redditors are just not ready to accept that. Pikachu face.