s_s ,
@s_s@lemmy.one avatar

Makes sense to me.

Reddit’s new userbase (Bots) don’t buy gold.

You don’t want to IPO and have to document that one of your 3 revenue streams is decreasing month-to-month.

The strategy is to keep pumping the fake traffic and keep selling the bogus impressions to ad buyers.

Perry ,
@Perry@kbin.social avatar

So first they alienate the people who are working for them for free and then they go ahead and alienate the people who are giving them money for free.

mrbubblesort ,
@mrbubblesort@kbin.social avatar

Well, the site's mascot is an alien, so ....

Madison_rogue ,
@Madison_rogue@kbin.social avatar

(50+ awards right now, but who’s counting?)

Apparently you are, Reddit.

VulcanSphere ,
@VulcanSphere@kbin.social avatar

The Snoo Platform gone mad with their own userbase...

Eggyhead ,
@Eggyhead@kbin.social avatar

I never bought coins or whatever, but I had inherited a bunch somehow. I jumped on reddit just now to find an old thread I'd saved and found this in my inbox:

Hello from Reddit,
We’re reaching out because you have Reddit Premium and/or Reddit Coins on your account.
TL;DR: We're making updates to awards and coins on Reddit that we'll complete by September 12, 2023. As part of this, we made a decision to move away from Reddit coins and awards. This includes the 700 monthly coins* and Premium Awards, which are currently part of the Reddit Premium experience.
You'll still be able to use your Reddit Coins until September 12, after which they'll be removed from your account.
Note: all other current Premium perks will still continue to exist, including the ad-free experience.
As we looked at our current awarding system, there was consistent feedback from redditors that stood out – particularly around the clutter from awards and all the steps involved with awarding content. We also learned that redditors want awarded content to be more valuable. With that, we are reworking how great content and contributions are rewarded on Reddit. We will have more updates to share soon.
If you have further questions please check out our announcement post to read more about the update.

  • This perk is part of the paid Reddit Premium experience.

Thought it was kind of funny considering I never once cared about coins in the first place. Just checked and apparently I have "13325 coins to spend." I'm just going to let them go unless someone has a more maliciously compliant suggestion.

Grimpen ,

I can’t think of anything too maliciously compliant. Maybe give Reddit Gold to posts describing how to join Lemmy or something? Awards should boost visibility. It’s at least a little ironic to use Reddit 's own awards to help people escape.

Eggyhead ,
@Eggyhead@kbin.social avatar

This is not a bad idea at all. I’ll do a search for “lemmy” and “kbin” at some point tomorrow and throw coins at any of the useful posts I find.

IninewCrow ,
@IninewCrow@kbin.social avatar

Award a bunch of posts and memes making fun of r/spez

Lennvor ,

A suggestion I've seen is to use them to give platinum coins to people, because that gives them some time of Reddit Premium (platinum gives more than gold), which is the only thing you can do with them that will outlast the awards being phased out and it's the closest thing to using them for something that has monetary value.

Jcb2016 ,

Reddit is a dumpster fire!

Eggyhead ,
@Eggyhead@kbin.social avatar

I know, right? And u/spez threw the match! I'm still in shock over how swiftly it just went from amazing to garbage. Fortunately, Kbin and the fediverse is already superior for me even if the community isn't as robust. The growth and enthusiasm is here.

quortez ,
@quortez@kbin.social avatar

The Snoopocalypse continues.

Oh for want of a kind stranger.

mutant ,
@mutant@kbin.social avatar

can't wait for all the armchair reddit ceos to tell us why this is a bad idea and what reddit should have done instead

density ,
@density@kbin.social avatar

I don't know if anyone here has anything as constructive as what they should have done, having reached this point in history. If I was suddenly dropped into spez's body, I do not have a clue what I would do other than completely back track the past 2 months and eat a literal hat with a fork and knife. Don't know if even that would work.

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