At the time of the announcement, the moderators of most of the subreddits involved with the community points program claimed to be unaware of the decision.
Summary: Reddit warns mods that it's ending its crypto program, before it warns the other users. What could go wrong? /s
The new and exciting revolutionary version of Wall Street can uplift humanity and save the planet by having the same old grifts with a new coat of paint, less associations with tangible objects, and also a much larger carbon footprint per transaction!
I don't disagree with you that this shit shouldn't've even started on first place. It's just Reddit trying to milk its userbase, and the world be damned, as usual.
However, once started, Reddit had the responsibility to bring its closure in a fair way. And by "fair" I mean not "tipping" some individuals before the userbase at large knew it, so they could trade them off before the price crashed.
I know that. My point is that those "tokens" and related cryptogrifts are just a sillier and even less tangible Wall Street, complete with insider trading and golden parachutes.
The new and exciting revolutionary version of Wall Street can uplift humanity and save the planet by having the same old grifts with a new coat of paint, less associations with tangible objects, and also a much larger carbon footprint per transaction!
I don't disagree with you that this shit shouldn't've even started on first place. It's just Reddit trying to milk its userbase, and the world be damned, as usual.
However, once started, Reddit had the responsibility to bring its closure in a fair way. And by "fair" I mean not "tipping" some individuals before the userbase at large knew it, so they could trade them off before the price crashed.
I know that. My point is that those "tokens" and related cryptogrifts are just a sillier and even less tangible Wall Street, complete with insider trading and golden parachutes.
Fair point.