this post was submitted on 16 Jul 2023
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Reddit Migration

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### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/

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The website has been knocking it out of the park for popular decisions lately /s

We all know this is happening with Reddit gold, however I thought it would be relevant to point out that there has been fallout amongst Reddit Premium subscribers.

EDIT

Edited a word

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[โ€“] Bozicus@lemmy.one 1 points 1 year ago (1 children)

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.

[โ€“] FaceDeer@kbin.social 2 points 1 year ago

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.