Reddit is ending Reddit Gold and users are furious (mashable.com)

submitted 1 year ago* (last edited 1 year ago) by Madison_rogue@kbin.social to c/RedditMigration@kbin.social

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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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[-] Bozicus@lemmy.one 1 points 1 year ago

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.

[-] 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.

this post was submitted on 16 Jul 2023

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