Reddit is ending Reddit Gold and users are furious::undefined
While reddit makes further enemies, I laugh because I know the #fediverse will benefit from their outflow. The fediverse will become even more diverse.
Yeah, I’m over here egging them on like push more people here let’s go!
In recognition of your egging them on, I’m pleased to present you with the coveted Lemmy Lemon-Egg award.
🍋🥚
Congratulations on your achievement!
That’ll be $0.99 please.
The highest honor in all the fediverse
🍋🥚
Remember kids, don’t let the news tell you how to feel. Watch out for words in the title like “outrage” and “furious”. Anger increases engagement and they know it.
We could use AI to remove the clickbait from headlines automatically. 🤔
That’s a fun idea 💡
Yeah internet “outrage” is a weird thing.
I scrambled 10 years of my reddit activity, which would appear to be outrage. But in reality it was more like “meh, well reddit sucks now, I guess I’ll go somewhere else. I’ll just remove whatever value I may have added to the site on my way out since I don’t want to reward a corporation for bad behaviour.”
I guess some people may be outraged, and they’ll be the most vocal ones. But most people are probably like “this kinda sucks, but meh whatever” and move on. You just don’t hear a lot from these people.
That company is so badly run it’s laughable.
Removed by mod
Capitalism is fine as long as people aren’t complete scumbags about it. Rare, I know. It’s a human morality proposition.
Capitalism is great, but it absolutely must be tempered by regulation.
The problem comes when the capitalist gains influence over the regulator, aka, regulatory capture.
Capitalists love regulations and do a lot to make sure financial laws are in their favor and make great use of government handouts they help orchestrate for themselves.
Yes, this is called regulatory capture.
Yeah, Senator Whitehouse actually wrote a book awhile back, Captured, that covers the topic very well. However, that book is also depressing because he illustrates just how fucking rampant it is in the US now.
You’re putting the cart before the horse. Capitalism incentivizes people to be scumbags.
So does any other economic model.
That is an absolutely meaningless statement.
As is capitalism incentivizing people to be scumbags, as trendy as that perspective is.
No, the competitive nature of capitalism definitely incentivizes people to do very shitty things to each other for personal gain. Or have you not heard of the Gilded Age? Or our current climate crisis? Or strike breaking? Or the incredible wealth inequality we are seeing today?
[edit] The Irish Potato Famine? The Bengal Famine? Belgium in the Congo? Sweatshop labour? Coups in South America for the benefit of fruit companies? Wars in the Middle East for the sake of oil? Clear-cutting of the Amazon? Any of this ringing a bell?
Capitalism could be amazing if the psychos of society didn’t constantly rise to the top then again the same could be said for communism and just about every other system we’ve tried.
That’s because Capitalism rewards exploitative psychos, essentially by design
Any system has to give a group of people some authority to keep order the crazies will eventually work their way in and ruin it.
Doesn’t communism do the same? In fact why the fuck do the crazy psychos rise to the top seemingly everywhere? Is this one of those “nice guys finish last” kinda deals or some phenomenon I’ve never heard of?
Evil only needs to succeed every now and then, good needs to constantly win.
It’s because of the concept of successful ambition correlating with the lack of morals or integrity. It just so happens that people ambitious enough to do whatever it takes to rise through the ranks often have to be necessarily immoral to step on people to get to the top.
People who have others’ best interests at heart simply don’t take advantage of the opportunities as often because a number of those opportunities would involve unfairly stepping on someone else.
So to answer your question, yes, ambitious assholes tend to ride faster and further than good people. Kind of like how a large portion of cops tend to be former bullies.
It’s because people are too focused on who controls the capital and not focused enough on what the capital itself is actually doing.
It doesn’t much matter whether it’s controlled by a Capitalist or a Communist if the person controlling the capital is a fucking idiot. Hell, it honestly doesn’t even matter that much if they’re smart, because the actual driver of growth has always been competition, which is only very indirectly connected to who controls the Capital, largely because it’s pretty much always been taken at the point of a gun for all of human history and likely will be for as long as we exist unless we somehow manage to decide on post-scarcity society rather than infinite growth society.
I like to think there’s a distinct difference, summed up like so:
Communism attempts to put the control and distribution of resources (capital) on the collective, ie everyone. Since everyone effectively owns it, it feels like nobody does.
Capitalism puts it on individuals. Nowadays, almost all of these individuals acquired their resource(s) by inheritance. If not, by dubious (morally questionable) means.
This is a simplification that may upset people on both sides, but it’s about as clean as I can think to make it.
Note: the following is from the perspective of a somewhat average person living in the US.
My personal thought is that the democratic republic political system would ideally be coupled with the communistic (I’d prefer federated unions, ie federations, but speaking broadly) economic one. They seem to be natural matches.
However, it seems the coupling of said republic with capitalism causes significant and repeated backslides on social issues and education. Capital owners, after all, are most interested in maximizing gains while minimizing losses; this has led to a fairly high number of people being convinced to think that education is bad, especially university level education. Which, in turn, makes them compliant voters and eager workers, often severely underpaid. Which they, of course, have no idea of knowing since they likely have never left their birth town.
That’s not to say that such things won’t happen with communism. They should happen a lot less, but only if we put controls in place to combat abuse and overreach. In other words, regulations. Capitalism…might be beyond hope at this point, given how capital owners have been acting lately.
I don’t know what will actually end up working, but I hope we try something new soon. Because this ain’t it. Preferably before we extinct more species. Hopefully before we extinct ourselves.
I keep ranting, sorry for the wall of text.
And socialism is the middle ground that apparently no one with the power to implement it wants.
I don’t know what will actually end up working, but I hope we try something new soon.
Personally I don’t think there is a one-size-fits-all solution. Each problem needs a different approach. We need to figure out how to have all these systems work in tandem.
Here is an alternative Piped link(s): https://piped.video/3eBN_9rMoVI
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source, check me out at GitHub.
Want to say, “Communism” is democratic control of the economy. So ideally there is no “top”.
Using some terms really loosely here to avoid a wall of political theory.
i may get some flack for this but i honestly think reddit had it’s best years when alexis was most involved.
Who’s Alexis?
Alexis Ohanian, co-founder of Reddit and married to Serena Williams.
From 2017?
OP mentioned how badly the company was managed. So yea, 2017 saw them take a lot of money, go in a hiring spree… and do jack shit to improve the platform.
Fast forward to now and mods used 3rd party apps to do the job that they do FOR FREE, all while Reddit made… NFTs?
My belief is that they want to tokenize Karma and any other reward/currency will compete against their new tradable currency.
I believe they had already said years ago that the r/CC moons was a test run for something site-wide.
Personally I made $300 after moons first tanked, just from some lame comments in the subreddit that was ruined by the scheme.
I will likely use my 150k+ Karma account for profit if this happens and it won’t be for the benefit of the community like the last decade of my activity used to be.
Lemmy is now where I participate in a positive way.
Because the karma whoring wasn’t bad enough as is. What could possibly go wrong with a scheme like that?
But if they want to throw a bit of money my way to quit, I’m not going to say no either…
What is better than karma whoring? Gallowboobs in industrial scale
The best part of Lemmy is that there’s no Gallow on here.
Be careful saying their name. You could summon them.
deleted by creator
Precisely, karma whoring was already rampant and detestable.
reddit’s oldest profession
Yeah, I have a feeling, just based on the fact that I’ve had a lot of posts do really well, that I could make some money from Reddit if they do that.
But I’m not greedy. I’m not rich either, but fuck them, I wouldn’t participate if they asked me.
Take the money and donate to Lemmy? Idk, the way I see it, money in your hands is better than money in Reddit’s hands. Your karma is going to be there anyways, the difference is merely deciding whether Reddit gets to keep the money or not.
It won’t be retroactive, I’m sure. In order to do that, I would have to go back to being an active Reddit user, which I will not do. I am done with Reddit.
Talk on the main post on Reddit that discussed these changes is that some of the API change documentation included information on what change will actually happen now that they’re sunsetting coins. Tipping replacing coins and karma having monetary value. If thats true Reddit is truly dead. Read that post and made a Lemmy account!
Didn’t Reddit gold start as just a user-run bot, that kept a tally of how many times it had been invoked for any particular recipient?
And then Reddit forced the bot to retire so they could offer a paid version. And now they’re retiring their mandatory replacement. Good job Reddit.
Waiting for the Lemmy lemon bot so we can award lemons 🍋
When life gives you lemons, just say fuck the lemons and bail.
What about combustible lemons? 🍋🔥🔥🔥
If you get three lemons then you get to have a Lemon Party!
That’s what’s great about all these companies. They take credit for, and try to derive value from, things they didn’t actually create. Reddit keeps on talking about “their” data that was created by users, for free, and moderated by other users, also for free. Yet it’s somehow theirs and they can sell it?
Twitter didn’t invent hashtags. They were user created annd eventually incorporated in to the service.
These services add very little value, but they believe they add it all.
What they’re good at is seeing trends kind of late and then making everyone believe they invented them. They’re quite good at that. Most would call that a grift.
What they should be is platforms and tools for people to interact, with some controls to prevent Nazis and MRAs from ruining things for everyone.
Lol twitter didn’t even invent calling it “tweets”, @ mentions, retweets, etc. Like reddit, most of product development past the very basic idea came from the community.
Capitalizing off the backs of Community
There was at least reddit silver that worked this way.
I thought Reddit silver was just an image a user would post if they were too broke to afford gold.
There was also eventually a bot, before silver became an award.
That story is so common. They destroyed Secret Santa that way. User-run thing that got some traction so they built redditgifts around it, then decided redditgifts wasn’t sufficiently profitable so canned it and took the user-run part down with it.
I will continue to be bitter about them killing secret Santa. It was such a great tradition, killed off far too soon because it “wasn’t profitable enough”, nevermind that the point of the event is to celebrate the holiday season and the spirit of giving
Are people really upset about it? To me it was always pointless, and the few times I got gold and was allowed to peek into r/lounge it was just full of the most insufferable users (just people that thought they were special because they got gold).
I think the point is more that it’s something people paid real money for just to have them rip it away with basically no notice and no replacement.
All those users complaining about their coins going to waste and I’m wondering why the fuck you’d ever spend real money on that.
That’s like paying for porn.Entire OnlyFans community furiously typing
Don’t you get to keep the porn, though?
Not always. They might have a limited download, whether in amount or in time.
You know the company and the users are completely divorced when you read something like that. Redditors have spent years telling each other that awards are useless and a waste of money - then the admins touch it and everybody flips their lid. I for one am glad I’m no longer part of that toxic relationship.
There was that confessional reddit mod post that admitted some mods were blowing thousands of dollars on bots to boost the popularity of their own sub. I’ve also seen people complain that they blew hundreds to thousands on shitty avatars.
I’m in awe at the sheer lunacy of some people. These are people that don’t even know the concept of “touching” or “grass”.
Paying for porn is a good way to get quality porn, IMO, because you support the people making what you like. But if you’re not picky, I suppose it doesn’t matter. Whatever floats your goat.
I paid for coins on reddit to give gold awards to people so they could enjoy reddit ad free.
That was a cool thing to do. You’re a nice person!
You could have given them a link to ublock origin (or on mobile some other adblocker in form of an app) instead for $0.
It was still nice of course, but just so unnecessary.
I was subscribed to reddit Premium for a long time (at the old, grandfathered in price), because it gave me ad free browsing, the ability to sort saved posts into categories and filtering subs from r/all before that was available to everyone.
Premium also gave you 700 coins per month, so now I have 20000 coins saved up.
They are really trying hard to piss off all their users lol
Well, Spez did say he admired what Musk did with Twitter…
What if Spez’s intention all along was to tear down the machine from the inside. Anyone who was on it 10+ years ago could see it had perhaps grown a little too big for it’s britches.
Glass onion, mate. There’s a human psychological blindness to see the rich as fundamentally competent and smart. To believe there are layers to it. But fundamentally, it’s transparent. It’s just incompetence.
I definitely subscribe to Hanlon’s razor, as well as the idea that for every rich person who earned it there’s a hundred, or a thousand, that were given it.
I was just being sarcastic though. I don’t know anything about spez either. I just like to joke about everything.
Die monster, die.
Reddit hurt itself in its confusion
Nobody who speaks German can be an evil man!
You don’t belong in this world
What is a man!?
A miserable pile of secrets.
DIE YOU FILTHY BACTERIAAAAAAA
This finally pushed me to stop supporting the platform with a premium sub and now here I am, checking out lemmy!
Welcome. As you can see lots of room for growth, but there is a lot of positive effort being made.
on one hand, reddit gold is useless and a waste of money imo
other hand, they just keep going for making the most controversial decisions with zero thought lmao
reddit gold used to be how the community helped with server costs back when reddit had only a few employees
I still have my reddit account, only to malicously mod one community and update a secret community about a move to lemmy, but I only use reddit now to do a quick check in on those subs and then a glace at the front page.
Anyway, i saw the reddit post and a bunch of people were livid and said they were doing chargebacks now. I informed them that chargebacks cost reddit more money than they initally spent (spend $5 they have to return the $5 and pay a $20 fee), and if tok many users do a chargeback then credit card companies would stop paying them wink.
EDIT: in response to telling people that it would hurt reddit finacially I got a 2 gold and 2 platnium awards which i hope were paid for with chargebacked credits.
EDIT: in response to telling people that it would hurt reddit finacially I got a 2 gold and 2 platnium awards which i hope were paid for with chargebacked credits.
They were probably just throwing leftover Coins they had in your direction.
I know. I’m just saying I hope
Sure but they could have left the awards in place for a while even if no more could be added. And instead of making everyone lose all the coins they already spent money on, they could have allowed those coins to be used for whatever the next thing is. Just throwing out everyone’s money is never a good practice.
Like what if Minecraft decided they were going with a new monetization strategy and said everyone’s minecoins would expire in a couple of months and any skins, texture packs, etc., you bought with them will also be gone. And no refunds of course.
It might be that they’ve given up on the visuals and are now making all the changes all at once. They’re ripping off the bandaid overhauling their site and are banking that the damage will be recover in time.
With the current state of dissatisfaction from the community, now might be a good time to plow through and make all the changes that are already undesirable for the old user base.
Maybe even more of these big changes to come? More popcorn for the Fediverse I suppose.
The worst part is they’re also removing all of the existing gold awards from old posts as well.
I just find that skeevy. It’s imaginary internet crap but someone intentionally went to the trouble and financial expense of putting gold on a comment and it should stay there.
Jokes on them, I deleted all my gilded content.
Excellent. Fuck it every fucking way.
I said this in another thread - I bet they’re going the YouTube route and are going to start allowing content creators to make money.
Might sound good on the surface but it’s absolutely going to shred what Reddit used to be. Goodbye discussion forum and hello new social media.
I can’t think of a single good reason for anyone to actually want that. Reddit isn’t a site for content creation, it’s an aggregator. It works for YouTube because, well, it’s YouTube. It’s practically synonymous with content creation. But exactly zero people are on Reddit for that.
Also its a forum and its appeal is asking questions to real people. Paying users will destroy that appeal.
The company doesn’t care. They don’t actually understand what reddit is/was and have decided they want it to be something else that they can squeeze money out of. Whatever they end up with is going to be bland and nothing like what it was before. Doubt it will get them what they want in the end.
They don’t seem to realize Reddit isn’t that special. It’s a forum… Digg and Slashdot thought they were special too Myspace before that…
They’re just where most people are at the moment. That can and likely will change. Whether it’s Lemmy or something else entirely.
Yeah it’s not like Facebook where I need all my friends to move. I just need a few thousand people to move to Lemmy and I’ll never need Reddit again.
And since Lemmy is already at, iirc, the 200,000 mark, and is only part of the greater fediverse… I can’t speak for anyone else, but I don’t feel lonely here.
Real people who don’t expect something back in return from you is what made reddit special. Advice is given because someone wanted to help as opposed to wanting a like, subscribe, notification bell, patron, merch store, etc. Now they want to turn into into some influencer platform full of people trying to sell shit whether it’s themselves or some crap.
Exactly. People on Reddit usually don’t have any incentive to lie about e.g. the quality of a fridge brand. Give them an incentive and it immediately becomes as useless as Google seo spam
Yea, my 29.1k coins aren’t happy about this change
How the fuck did you get so many (☉｡☉)!
Reddit Premium gave me 700 per month while also enabling premium users to use a bunch of fancy awards for cheap. So I never used most of the monthly coins and they accumulated over time.
Redditors care about their coins a lot. Not really a shock.
I mean, it’s less about the coins and more about something that has an equivalent monetary value being wiped without any compensation whatsoever.
No compensation? Seriously?
If people were a premium subscriber they got a certain amount of coins each month. I can understand being pissed if you were saving them with the intention of using them later.
Luckily I never gave reddit money.
Man, they already managed to piss off their tech savy users, then their moderators, now their paying users. All thats left is pissing off the content creators and the site is basically done.
Don’t forget the blind users
Blind users were spared having to see the redesign. They were on borrowed time
Do they? I used RIF and honestly don’t recall a way to even see or use coins on there. If there was I never touched it.
I just gave away 26 Reddit golds to everyone I liked in /r/RedditAlternatives
Never paid for gold but somehow had like 10 years of it on my 16 year account.
