Reddit forces personalized ads, starts X-like user payment program
arstechnica.com
Like it or not, Reddit wants to "improve ad performance."

I left a couple of months ago. Couldn’t be happier.

The writing is on the wall. The leader thinks the Genius-with-hair-transplants is a superstar, despite destroying a globally recognised brand. Inspired by this, Spez is trying to get Reddit ready for an IPO. This means, maximise profits by any means.

  • 👁️👄👁️@lemm.eeEnglish
    16·
    1 year ago

    There’s really a guy on there that’s shocked that he spent $300+ on coins that give you nothing and that they turned out to be useless. They also have the same regular users saying that they’ll finally quit this time, but they’re just lying to themselves and for karma. They financially incentivize the website to get worse and are surprised when it does.

    • Pregnenolone@lemmy.worldEnglish
      15·
      1 year ago

      It’s absolutely insane to me that anyone would have ever spent money on that shithole of a site, let alone $300 on worthless jerkoff tokens

      • 👁️👄👁️@lemm.eeEnglish
        71·
        1 year ago

        I honestly find it worse then NFTs. With NFTs you’re only destroying the environment a little bit and supporting much smaller mom & pop ponzi schemers. With Reddit you’re supporting a mega corporation that is actively harmful to a much wider population.

    • beebarfbadger@lemmy.worldEnglish
      1·
      1 year ago

      That’s the problem with traditional local internet currencies: reddit doesn’t support them anymore and they become useless. If only these coins were crypto-blockchained nfts - if reddit decided to no longer support those, then they’d be just as useless, but much more bureaucratically documented.