Reddit enrages users again by ditching thank-you coins and awards::Reddit, which is still dealing with the fallout from its last controversial decision, said it plans to phase out coins and awards.
laughs in Lemmy/Kbin
Here have a dollar 💵
🍋
A Lemmy lemon for your good sir! 🍋
Lemmy lemon party!! 🍋🍋🍋🍋🍋🍋🍋
Give and you shall receive, one prestigious award for you sir: Lemmy lemonade.🍹
I would not mind a Lemmynade as part of the greater Lemmy award system, if that is even possible in a fediverse.
It is, I have them 100000000+, help yourself:
🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋🍹🍋…
No! Stop! Cease and desist! You’re ruining the lemon economy and now my lemons aren’t worth anything. :(
Thank you kindly!
I like Lemmy Lemons 🍋
Lemons always bring to mind Cave Johnson’s rant about making life take the lemons back and burning houses down with combustible lemons😌
Give and you shall receive, one prestigious award for you sir: Lemmy lemonade.🍹
Thanks for the drink!
How many times do we have to teach you this lesson old man
😂
They were a zero-effort money printer. Why on Earth would they ditch them?
This makes no sense at all even from their perspective.
They said they are replacing it with something else. I believe more money will be directly involved.
A subscription, perhaps?
I think they’re changing how awards work. A portion of the award price will go to the awardee.
It’s going to be a very cheap way for them to pay freelance writers / creators.
In other words, imagine something like TiqTock with lower quality content.
Ah, interesting. I never really got into the TikTok so don’t really have a reference point.
Don’t they already have that (premium)?
Yea, guess you’re right.
I was hoping we could keep the reddit posts in !reddit@lemmy.ml
i was hoping with lemmy people would stop caring about something completely arbitrary like this
Nah, lemmy.ml is a fucking shithole.
While I agree that user-generated reddit topics are best left to a dedicated community, I also think that published articles discussing the platform are appropriate for any Technology community; no different than Twitter, Threads, or other social media platform news coverage.
I’m with you, but judging by the number of upvotes this post got, apparently we’re in the minority on this.
Amazing. Really does sound like they’re trying to sabotage the site now.
I was thinking about it; Lemmy could technically implement a system of gold on its own e.g can give one award a month after hitting a certain karma level or something to siphon more Reddit users.
But a lot of people on this site seem to not want normie Reddit users flocking here and my personal expectation is that people here would not care for awards. So whether they flock here or not will likely depend on how fed up they get.
I have no problem with Redditors flocking over here, but I just don’t think online discussions should be “awarded”. It just distracts from actual discussion and turns everything into a popularity contest. Leave the karma and point hoarding on Reddit IMHO.
I admit I like upvotes. They provide feedback on whether a comment was helpful. And awards highlighted the most helpful comments.
Did you mean awards? I haven’t found anyone who doesn’t like upvotes so I’m not sure why the distinction
The point I tried to make was: Awards are like an upvote on steroids. I like upvotes, so I like awards.
Sorry for wording it so badly.
I dunno, I thought your wording perfectly described Reddit comment experience 🤷🏻♀️
With how Lemmy works, it might be a little complicated. Especially since the payment information would need to be federated, and there would be a lot of complications depending on the region the server was hosted in.
Honestly I wouldn’t want anything baked into the protocol, but I can see people donating small amounts to the instance hosting a worthy comment if there was a simple enough way to do it.
Cryptocurrencies were supposed to enable that, but I think we are still a long way away (no, lighting does not qualify).
Given the work by the guys behind podcasting 2.0 it would be interesting to see the fediverae adopt boosts backed by sats / the lightning network. It seems like they solve a lot of the same problems. You need a common currency people can freely transfer in small amounts to support content they like and the infra they are hosted on.
Here is an article by one of my favorite podcasts that have gone all in on boosts.
Yeah. Giving awards would probably be limited to comments/posts that are on the same instance as your user.
Feels like Elon bought Reddit and we just haven’t heard about it yet
I prefer to think that it’s all coordinated by real life Bond villain (and Musk’s old business partner) Peter Thiel. He failed at setting up competing Twitter platforms, so he got Musk to buy and tank it. After seeing how effective that was they roped in reddit’s owners to undermine that as well.
Let’s not forget the Saudi royal family. They really hate social media.
Definitely not. Here’s the breakdown of the $44 bn purchase:
- $5 bn from other investors, including a Saudi prince
- $26 bn from Elon, underwritten by stocks in Tesla (which significantly dropped in value after the purchase)
- $13 bn in a loan that Twitter took out to buy itself on Musk’s behalf.
Twitter could hardly pay the interest on that $13 bn, even before Musk tanked the company’s revenue. Either Twitter steps into line and gets more investment from right wing control freaks, or it dies - both could be seen as a win in the eyes of Peter Thiel or the Saudis.
don’t you mean billion?
I did, thought I’d edited out all the "mil"s hah. Thanks, fixed now.
removed by mod
@InternetTubes @phx He did the Jerma joke “Do so much dumb shit that people have problems trying to figure out why people are mad at you” but unironically and irl
I think little piggy spez is an Elon fanboy so it makes sense
https://i.imgur.com/sGCReCn.png
Can someone please put Elon’s face (person on the right side)
My eyes and I are very upset with you for causing me to see such horror
I think it would be a great system to easily donate to instance hosts if it was supported as an instance opt-in feature.
That was the original premise of reddit gold. You bought it to support the server costs. It used to even show you how much server time your gold had supported. I think at one point it even had a progress bar for monthly costs.
A lot of Reddit users have become more toxic over the years. Let them sink down with the Reddit failboat, we don’t need them here.
It was such a nice way to monetize, just a teensy little icon on posts you could easily ignore. Tells you whatever replaces it is gonna be far less acceptable.
Gonna be they’re version of a blue check mark. Buy the widget and it stays at the top regardless of up votes or down votes.
they’ll make blue aliens more important and always float to the top like the blue check robot armies on twitter lmao
Trump style dead catism?
Keep doing crazy things so people stop talking about your last crazy thing?
Ell Oh Fucking Ell. What is even the point of reddit anymore?
If I still used Reddit, this would be an awesome change. People who gave awards were fucking losers lol.
This reminds me of the youtube dislike button thing. When a popular majority opinion pops up against the rich, it usually brings lots of gold and platinum awards which drives engagement and visibility. It is not very advertiser/owner class friendly and gives too much power to the masses.
Any new system they create, if any, will not allow this kind of behavior.
They want to force redditors to see ads. That’s the whole point. Gilding someone was a way of gifting an ad-free experience to a random redditor, and Reddit doesn’t like that anymore.
Of course it’s also because spez doesn’t like seeing too many awards on “fuck spez” comments.
the lengths people will go before installing adblocker
most Reddit users use the official app now, so an adblocker is pretty much useless there
(+ the vast majority don’t know how to use an adblocking proxy on their phone)
I imagine having a baked-in method for users with disposable income to avoid seeing any ads isn’t exactly an attractive feature for potential advertisers.
I’d expect there’s an equilibrium to be found.
Even if you had the hypothetical “ultimate consumer” – so stupid that they clicked every ad and bought everything they saw-- there would be a finite cap of ad revenue you could get out of them. There are only so many advertisers, and they’re only willing to pay so much per ad, because their acquisition budgets are finite and they anticipate much more real world levels of conversion from view to click to sale.
Maybe an “optimal” real-world user is worth $30 per month in ad clicks. Maybe they’re worth 30 cents. Either way, it’s still a number where you can say “we can offer an ad-free experience for a price anywhere above that, lose no revenue, and provide a premium option.”
I’m also surprised there isn’t more concern from the investor world about anchoring more and more products and services to the advertising universe-- it’s a brittle, finicky bubble that’s based on everyone lying to everyone else and hoping nobody checks the books.
That’s literally YouTube Premium’s value proposition.
I just dumped all my old coins onto comments encouraging people to do chargebacks for any year-long Premium subscriptions since they’re in material breach.
Are they really in material beach since the agreement you agreed to by giving them money basically says “coins have no value and we can delete them at any time we want”?
I mean, I hate Reddit as much as the next guy here but that sounds a bit like doing a charge back because you didn’t win on the slot machine you just pulled.
EULAs are not legally binding and any court and credit card company on the planet would accept that you had a reasonable belief that you would be provided the services that were offered when you paid for Reddit Premium.
Are you sure this would be considered an EULA and not a TOS?
Can you elaborate, I’m not quite sure i understand?
So when a charge is made against a credit card, you have the option to do a “chargeback” - this is meant to be used for fraud. In this case, the argument is that Reddit fraudulently changed the terms of the program after people had already paid - being in “material breach” means they made a binding promise to provide a thing and they failed to do so. Chargebacks are really, really bad for a vendor. They lose the money, and they get a penalty fee, AND if it keeps happening the credit card processor can crank up their overall fees or even drop them as a bad customer.
Lemmy should make its own awards.
Award #1 – Blackjack
Aware #2 – Hookers
I like to give out Lemmy Lemons 🍋
I enjoy that they’re meaningless and if people find them obnoxious they can just downvote them.
🏅
That’s what this Dell PowerEdge I’m posting on is for
What would be pretty awesome is if Lemmy implemented an optional awards feature that could accept donations into a tip jar of some sort. Many of us running smaller instances appreciate selfless donations, but this could be a decent way to make supporting hosting costs more fun.
instance based awards only though, as of would be hard to control award manipulation from private lemmy servers thay are federated
Make awards not actually do anything other than be a tip for the server hoster like Reddit gold used to be. Now which server owner it should go to is another question.
In fact forget the awards
An anonymous user liked your comment so much they’ve gifted you Lemmy Hookers™!
Very dapper!
