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

  • Meow.tar.gz@lemmy.goblackcat.com
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    1 year ago

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

      • BaggySpandex@lemmy.world
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        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
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          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.

        • ChatGPT@lemmy.world
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          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
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            1 year ago

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

            • ChatGPT@lemmy.world
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              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.

            • FediFuckerFantastico@lemmy.world
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              1 year ago

              Doesn’t communism do the same? In fact why the fuck do the crazy psychos rise to the top seemingly everywhere? Is this one of those “nice guys finish last” kinda deals or some phenomenon I’ve never heard of?

              • mimic_kry@lemmy.one
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                1 year ago

                I like to think there’s a distinct difference, summed up like so:

                Communism attempts to put the control and distribution of resources (capital) on the collective, ie everyone. Since everyone effectively owns it, it feels like nobody does.

                Capitalism puts it on individuals. Nowadays, almost all of these individuals acquired their resource(s) by inheritance. If not, by dubious (morally questionable) means.

                This is a simplification that may upset people on both sides, but it’s about as clean as I can think to make it.

                Note: the following is from the perspective of a somewhat average person living in the US.

                My personal thought is that the democratic republic political system would ideally be coupled with the communistic (I’d prefer federated unions, ie federations, but speaking broadly) economic one. They seem to be natural matches.

                However, it seems the coupling of said republic with capitalism causes significant and repeated backslides on social issues and education. Capital owners, after all, are most interested in maximizing gains while minimizing losses; this has led to a fairly high number of people being convinced to think that education is bad, especially university level education. Which, in turn, makes them compliant voters and eager workers, often severely underpaid. Which they, of course, have no idea of knowing since they likely have never left their birth town.

                That’s not to say that such things won’t happen with communism. They should happen a lot less, but only if we put controls in place to combat abuse and overreach. In other words, regulations. Capitalism…might be beyond hope at this point, given how capital owners have been acting lately.

                I don’t know what will actually end up working, but I hope we try something new soon. Because this ain’t it. Preferably before we extinct more species. Hopefully before we extinct ourselves.

                I keep ranting, sorry for the wall of text.

              • Seasoned_Greetings@lemmy.world
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                1 year ago

                It’s because of the concept of successful ambition correlating with the lack of morals or integrity. It just so happens that people ambitious enough to do whatever it takes to rise through the ranks often have to be necessarily immoral to step on people to get to the top.

                People who have others’ best interests at heart simply don’t take advantage of the opportunities as often because a number of those opportunities would involve unfairly stepping on someone else.

                So to answer your question, yes, ambitious assholes tend to ride faster and further than good people. Kind of like how a large portion of cops tend to be former bullies.

              • Action Bastard@lemmy.world@lemmy.world
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                1 year ago

                It’s because people are too focused on who controls the capital and not focused enough on what the capital itself is actually doing.

                It doesn’t much matter whether it’s controlled by a Capitalist or a Communist if the person controlling the capital is a fucking idiot. Hell, it honestly doesn’t even matter that much if they’re smart, because the actual driver of growth has always been competition, which is only very indirectly connected to who controls the Capital, largely because it’s pretty much always been taken at the point of a gun for all of human history and likely will be for as long as we exist unless we somehow manage to decide on post-scarcity society rather than infinite growth society.

          • maxcorbetti@lemmy.world
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            1 year ago

            Want to say, “Communism” is democratic control of the economy. So ideally there is no “top”.

        • grte@lemmy.ca
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          1 year ago

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

              • Dark Arc@lemmy.world
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                1 year ago

                As is capitalism incentivizing people to be scumbags, as trendy as that perspective is.

                • grte@lemmy.ca
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                  1 year ago

                  No, the competitive nature of capitalism definitely incentivizes people to do very shitty things to each other for personal gain. Or have you not heard of the Gilded Age? Or our current climate crisis? Or strike breaking? Or the incredible wealth inequality we are seeing today?

                  [edit] The Irish Potato Famine? The Bengal Famine? Belgium in the Congo? Sweatshop labour? Coups in South America for the benefit of fruit companies? Wars in the Middle East for the sake of oil? Clear-cutting of the Amazon? Any of this ringing a bell?

    • muertinez@lemmy.world
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      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.

        • Beetschnapps@lemmy.world
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          1 year ago

          OP mentioned how badly the company was managed. So yea, 2017 saw them take a lot of money, go in a hiring spree… and do jack shit to improve the platform.

          Fast forward to now and mods used 3rd party apps to do the job that they do FOR FREE, all while Reddit made… NFTs?

  • ziggurism@lemmy.fmhy.ml
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    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.

    • sijt@lemmy.world
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      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.

      • pips@lemmy.film
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        1 year ago

        What they’re good at is seeing trends kind of late and then making everyone believe they invented them. They’re quite good at that. Most would call that a grift.

        What they should be is platforms and tools for people to interact, with some controls to prevent Nazis and MRAs from ruining things for everyone.

      • whofearsthenight@lemmy.world
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        1 year ago

        Lol twitter didn’t even invent calling it “tweets”, @ mentions, retweets, etc. Like reddit, most of product development past the very basic idea came from the community.

    • jonne@infosec.pub
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      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).

      • toxic_cloud@lemmy.world
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        1 year ago

        I think the point is more that it’s something people paid real money for just to have them rip it away with basically no notice and no replacement.

      • treadful@lemmy.zip
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        1 year ago

        The benefits of receiving it were meh. But it was a way to show recognition for people and supporting the site. One of the few ways they would even receive revenue, for little to no effort. I don’t know why they didn’t just lean into it harder.

    • dan@lemm.ee
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      1 year ago

      That story is so common. They destroyed Secret Santa that way. User-run thing that got some traction so they built redditgifts around it, then decided redditgifts wasn’t sufficiently profitable so canned it and took the user-run part down with it.

      • ZapBeebz_@lemmy.world
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        1 year ago

        I will continue to be bitter about them killing secret Santa. It was such a great tradition, killed off far too soon because it “wasn’t profitable enough”, nevermind that the point of the event is to celebrate the holiday season and the spirit of giving

  • Briongloid@aussie.zone
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    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
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      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…

    • Flying Squid@lemmy.world
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      1 year ago

      Yeah, I have a feeling, just based on the fact that I’ve had a lot of posts do really well, that I could make some money from Reddit if they do that.

      But I’m not greedy. I’m not rich either, but fuck them, I wouldn’t participate if they asked me.

      • Contramuffin@lemmy.world
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        1 year ago

        Take the money and donate to Lemmy? Idk, the way I see it, money in your hands is better than money in Reddit’s hands. Your karma is going to be there anyways, the difference is merely deciding whether Reddit gets to keep the money or not.

        • Flying Squid@lemmy.world
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          1 year ago

          It won’t be retroactive, I’m sure. In order to do that, I would have to go back to being an active Reddit user, which I will not do. I am done with Reddit.

    • SpaceshipPanda@lemmy.world
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      1 year ago

      Talk on the main post on Reddit that discussed these changes is that some of the API change documentation included information on what change will actually happen now that they’re sunsetting coins. Tipping replacing coins and karma having monetary value. If thats true Reddit is truly dead. Read that post and made a Lemmy account!

  • Wolf_359@lemmy.world
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    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
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      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
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        1 year ago

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

        • Holyginz@lemmy.world
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          1 year ago

          The company doesn’t care. They don’t actually understand what reddit is/was and have decided they want it to be something else that they can squeeze money out of. Whatever they end up with is going to be bland and nothing like what it was before. Doubt it will get them what they want in the end.

          • tony@lemmy.hoyle.me.uk
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            1 year ago

            They don’t seem to realize Reddit isn’t that special. It’s a forum… Digg and Slashdot thought they were special too Myspace before that…

            They’re just where most people are at the moment. That can and likely will change. Whether it’s Lemmy or something else entirely.

            • AlexWIWA@lemmy.ml
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              1 year ago

              Yeah it’s not like Facebook where I need all my friends to move. I just need a few thousand people to move to Lemmy and I’ll never need Reddit again.

        • NightOwl@lemmy.one
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          1 year ago

          Real people who don’t expect something back in return from you is what made reddit special. Advice is given because someone wanted to help as opposed to wanting a like, subscribe, notification bell, patron, merch store, etc. Now they want to turn into into some influencer platform full of people trying to sell shit whether it’s themselves or some crap.

          • AlexWIWA@lemmy.ml
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            1 year ago

            Exactly. People on Reddit usually don’t have any incentive to lie about e.g. the quality of a fridge brand. Give them an incentive and it immediately becomes as useless as Google seo spam

  • elrik@lemmy.world
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    1 year ago

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

  • superkret@lemmy.world
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    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.

    • zos_kia@lemmy.fmhy.ml
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      1 year ago

      You know the company and the users are completely divorced when you read something like that. Redditors have spent years telling each other that awards are useless and a waste of money - then the admins touch it and everybody flips their lid. I for one am glad I’m no longer part of that toxic relationship.

      • CashewNut 🏴󠁢󠁥󠁧󠁿@lemmy.world
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        1 year ago

        There was that confessional reddit mod post that admitted some mods were blowing thousands of dollars on bots to boost the popularity of their own sub. I’ve also seen people complain that they blew hundreds to thousands on shitty avatars.

        I’m in awe at the sheer lunacy of some people. These are people that don’t even know the concept of “touching” or “grass”.

    • Pavr@feddit.nl
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      1 year ago

      I paid for coins on reddit to give gold awards to people so they could enjoy reddit ad free.

      • Azzu@lemm.ee
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        1 year ago

        You could have given them a link to ublock origin (or on mobile some other adblocker in form of an app) instead for $0.

        It was still nice of course, but just so unnecessary.

    • freundTech@feddit.de
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      1 year ago

      I was subscribed to reddit Premium for a long time (at the old, grandfathered in price), because it gave me ad free browsing, the ability to sort saved posts into categories and filtering subs from r/all before that was available to everyone.

      Premium also gave you 700 coins per month, so now I have 20000 coins saved up.

  • notannpc@lemmy.world
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    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.

    • Flying Squid@lemmy.world
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      1 year ago

      Oh I guarantee you there are plenty of sunk cost people who won’t leave but hate everything about it.

  • AFK BRB Chocolate@lemmy.world
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    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.

    • 🔍🦘🛎@lemmy.world
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      1 year ago

      Not sure what from

      When other people give big awards to your posts/comments, you actually get some coins as well.

      • AFK BRB Chocolate@lemmy.world
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        1 year ago

        Huh, interesting. There were a few times it said I was gifted premium, but I never did anything with it. Well, doesn’t matter now, I guess.

        You know, the thing that strikes me as particularly odd is that apparently they’re going to retroactively delete the existing awards. I’d imagine there are some people who feel tied to their Reddit accounts because the awards and karma were important to them, so stripping anything like that away seems like it would make those people feel less attached to Reddit and more likely to move on. They really seem to be scuttling the site.

        • shashi154263@lemmy.world
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          1 year ago

          I’d imagine there are some people who feel tied to their Reddit accounts because the awards and karma were important to them, so stripping anything like that away seems like it would make those people feel less attached to Reddit and more likely to move on.

          Not only that, but they’ll probably be angry on reddit as well.

        • CannaVet@lemmy.world
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          1 year ago

          He’s literally just doing whatever Musk tells him to. Get rid of all the people who cared about the site, then you can advertise your site as a walled garden for bigots and terrorists

  • Em Adespoton@lemmy.ca
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    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
    • scottywh@lemmy.world
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      1 year ago

      I got this message too… Guess maybe I’ll look and see what the hell coins i could possibly have … I’ve only had people give me gold like twice over 15 years though and never even really knew what the hell to do with it.

      • FordBeeblebrox@lemmy.world
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        1 year ago

        I ended up with a fairly sizable pile of gold after ten years of drunken shitposting and never really got the appeal of the gold lounge sub. I just went around and threw random shinies at people saying especially vitriolic things about Huffman before nuking my account.

        • scottywh@lemmy.world
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          1 year ago

          Apparently I’ve got 300 coins sitting there…

          What the hell can I actually do with that?

          Anything?

          • FordBeeblebrox@lemmy.world
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            1 year ago

            They have like 500 various awards so just pick some that look fun and decorate funny comments I guess.

            Actually useful? Nah

            • scottywh@lemmy.world
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              1 year ago

              I literally don’t even know how to do that though… Lol… 😂

              Guess I’ll Google it in the next couple days if I’m bored

              • Em Adespoton@lemmy.ca
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                1 year ago

                I plan to just let mine sit there forever in an abandoned account… unless I get around to scorched earthing my account. But really, I can’t be bothered to put that much effort into Reddit.

          • TheGreatFox@lemmy.world
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            1 year ago

            I’ve also got 300, no clue what to do with it. Maybe give out 3 random silvers? Not that it does anything.

          • CoderKat@lemm.ee
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            1 year ago

            I’m just gonna let mine die. I don’t want to use the site any more than necessary. The kinds of posts I’d want to draw attention to at this time are those that would appear hypocritical to give rewards to. I don’t want to give the impression of having given Reddit money (even though I’ve never bought a reward and all my coins are from receiving).

  • realitista@lemm.ee
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    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.

  • red@feddit.de
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    1 year ago

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

  • SexualMastadon@lemmy.world
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    1 year ago

    Dude, this is just laughable. For those who are left, what are you sticking around for?

    Also, here’s my theory: these idiot product managers, fresh outta b-school didn’t think to interview their most engaged users. Instead, they randomly polled people. That’s the only way I can fathom their takeaway from users was “it’s too much clutter” instead of, “this drives engagement”.

    • scottywh@lemmy.world
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      1 year ago

      I have 3 reasons I still visit… But I am cutting back.

      1. My local subreddit is still way more active than the equivalent here in the fediverse (but I do get to interact with some familiar usernames in the local Lemmy community)

      2. It’s still a decent news aggregator, IMHO, ahead of Lemmy for keeping up with what’s going on in the world at a high level

      3. NSFW content is still lagging behind on Lemmy, as well … I’m using a revanced app and I’m a mod of my own private sub so it still works but I fully expect this to be killed in the near future… In fact, I fully expect that by the time a reddit IPO happens they will have completely killed all the NSFW subreddits (even on the official app and desktop browser)

      The site is definitely in a death spiral but, as of today, I still find it useful for certain things.

      Fuck them though… They won’t get a dime in ad dollars from me and the demise can’t come soon enough at this point.

      • TheGreatFox@lemmy.world
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        1 year ago

        That #1 is close to my own reason - a few small communities I’m part of, with very little fediverse activity.

        Always using an adblocker of course, having one is basic internet safety, and it reducing reddit’s profits is a nice bonus.

        • NightOwl@lemmy.one
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          1 year ago

          I only stick to subs that have utility on reddit now such as setting up a rss for gamedeals and buildapcsales.

          But, anything that falls under entertainment like gunpla, sports team subs, show discussions, and memes I cut ties with. I do miss them, but even if I haven’t completely cut reddit off those I could at least do. Since scrolling for entertainment is not one I found vital.

    • Wolf?@lemmy.world
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      1 year ago

      I am there only because I feel obliged to finish my artwork series for people- but after that, bye bye reddit.