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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

Reddit is ending Reddit Gold and users are furious::undefined

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While reddit makes further enemies, I laugh because I know the #fediverse will benefit from their outflow. The fediverse will become even more diverse.

[-] ultratiem@lemmy.world 75 points 1 year ago

Yeah, I’m over here egging them on like push more people here let’s go!

[-] KuchiKopi@lemmy.world 71 points 1 year ago

In recognition of your egging them on, I'm pleased to present you with the coveted Lemmy Lemon-Egg award.

🍋🥚

Congratulations on your achievement!

[-] player2@lemmy.fmhy.ml 27 points 1 year ago

That'll be $0.99 please.

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[-] LUHG_HANI@lemmy.world 199 points 1 year ago

That company is so badly run it's laughable.

[-] rivermonster@sh.itjust.works 90 points 1 year ago

That Capitalism is so badly run it's laughable.

[-] baggyspandex@lemmy.world 58 points 1 year ago

Capitalism is fine as long as people aren’t complete scumbags about it. Rare, I know. It’s a human morality proposition.

[-] axtualdave@lemmy.world 82 points 1 year ago

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.

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[-] ChatGPT@lemmy.world 66 points 1 year ago

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.

[-] DampSquid@feddit.uk 69 points 1 year ago

That's because Capitalism rewards exploitative psychos, essentially by design

[-] ChatGPT@lemmy.world 23 points 1 year ago

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.

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[-] grte@lemmy.ca 30 points 1 year ago

You're putting the cart before the horse. Capitalism incentivizes people to be scumbags.

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[-] muertinez@lemmy.world 25 points 1 year ago

i may get some flack for this but i honestly think reddit had it’s best years when alexis was most involved.

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[-] ziggurism@lemmy.fmhy.ml 145 points 1 year ago

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.

[-] Bagel@lemmy.ca 64 points 1 year ago

There was at least reddit silver that worked this way.

[-] adude007@lemmy.ml 48 points 1 year ago

I thought Reddit silver was just an image a user would post if they were too broke to afford gold.

[-] baduhai@sopuli.xyz 28 points 1 year ago

There was also eventually a bot, before silver became an award.

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[-] sijt@lemmy.world 61 points 1 year ago

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.

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[-] kadu@lemmy.world 35 points 1 year ago

Waiting for the Lemmy lemon bot so we can award lemons 🍋

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[-] jonne@infosec.pub 23 points 1 year ago

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).

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[-] XEAL@lemm.ee 94 points 1 year ago
[-] pm_me_your_trash@lemmy.world 37 points 1 year ago

Reddit hurt itself in its confusion

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[-] briongloid@aussie.zone 91 points 1 year ago

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.

[-] Varcour@lemm.ee 42 points 1 year ago

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...

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[-] elrik@lemmy.world 62 points 1 year ago

This finally pushed me to stop supporting the platform with a premium sub and now here I am, checking out lemmy!

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[-] Wolf_359@lemmy.world 61 points 1 year ago

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.

[-] kescusay@lemmy.world 44 points 1 year ago

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.

[-] AlexWIWA@lemmy.ml 24 points 1 year ago

Also its a forum and its appeal is asking questions to real people. Paying users will destroy that appeal.

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[-] superkret@lemmy.world 60 points 1 year ago

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.

[-] xavier666@lemm.ee 33 points 1 year ago

Entire OnlyFans community furiously typing

[-] Thurkeau@lemmy.world 23 points 1 year ago

Don't you get to keep the porn, though?

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[-] blueskiesoc@lemmy.world 59 points 1 year ago

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.

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[-] excel@lemmy.megumin.org 56 points 1 year ago

The worst part is they're also removing all of the existing gold awards from old posts as well.

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[-] sangle_of_flame@lemmy.world 54 points 1 year ago

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

[-] anonono@lemmy.world 35 points 1 year ago

reddit gold used to be how the community helped with server costs back when reddit had only a few employees

[-] drcobaltjedi@programming.dev 26 points 1 year ago* (last edited 1 year ago)

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.

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[-] notannpc@lemmy.world 46 points 1 year ago

Are they furious? Sure. But I feel like anyone still on Reddit just doesn’t care what they do, they’ll still be there scrolling.

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[-] AFKBRBChocolate@lemmy.world 37 points 1 year ago* (last edited 1 year ago)

Just looked and I have 1100 coins. Not sure what from, I've never bought any. Any suggestions for them?

Never mind, I decided I only go to Reddit now for one small, private sub, so I went there and gave awards to posts I thought were good.

[-] Skullz77@lemmy.world 23 points 1 year ago

Gild pro-Lemmy posts / tutorials

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[-] ipkpjersi@lemmy.one 35 points 1 year ago

They are really trying hard to piss off all their users lol

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[-] red@feddit.de 33 points 1 year ago

Yea, my 29.1k coins aren't happy about this change

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[-] adespoton@lemmy.ca 32 points 1 year ago* (last edited 1 year ago)

Here’s what I received today… first time I’ve visited Reddit in over a month:

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
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[-] realitista@lemm.ee 27 points 1 year ago

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.

[-] d4rknusw1ld@lemmy.world 27 points 1 year ago

It’s almost like spez secretly enjoys Lemmy. Doing the work for us.

[-] notenoughbutter@lemmy.ml 22 points 1 year ago

if they continue using reddit

are they actually furious?

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this post was submitted on 15 Jul 2023
1025 points (100.0% liked)

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