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I would give you a worthless gold award but Lemmy doesn’t have those.
Gold? The worthless metal used to hold latinum?
I would give you a worthless gold award but Lemmy doesn’t have those
…yet
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There is so many situations where big business just wins, I’m so glad to witness a possible situation where the community wins (even if it’s short lived)
To even think people subscribed to reddit premium to help the still private company and it’s devs.
Do we have an RES for lemmy?
So far, there are some user-scripts or extensions to customize Lemmy like old.reddit.com or according to your needs. At the moment, I am using Lemmy_monkey. There is a community called “Lemmy Plugins & Userscripts” covering everything you need
Rule of acquisition #142:
If there’s no product, there’s no profit.Yes
Quite an impressive likeness of Spez there
No need to insult Quark, jeez.
Well, it’s been a good run at least.
no kidding. been using this for a few weeks, and seen a noticeable increase in aggressive users the past few days who just scream, harass, and name-call at people they disagree with.
can’t wait for the reddit idiots to flood lemmy instances with their hate and stupidity.
This is my second week using kbin, and the magazine RedditMigration, while initially seemed to be a more welcoming place, has started to turn more vindictive towards Reddit. It’s a large community with over 10k users…already.
I get it, people are upset, however it’s time that people understand that Reddit isn’t going to change, and that former users are just going to have to kind of get over it. Cut the losses and build a community over Fediverse. To me it seems fairly simple, but I know a lot of Reddit Refugees have put a lot more time and effort into the site over the years than me.
Even if currency were their currency…
https://techcrunch.com/2023/06/30/fidelity-deepens-valuation-cut-for-reddit-and-discord/
[Fidelity Blue Chip Growth Fund] has further slashed the estimated worth of its holding in the social platform Reddit… [it] valued its holdings in Reddit at $15.4 million as of May 31… That’s down 7.36% from the $16.6 million mark at April’s closure and altogether a slide of 45.4% since its investment in August 2021. The updated share value suggests a $5.5 billion valuation for Reddit.
Very interesting. It doesn’t seem to be that big of a downturn in the total valuation, but it’s continuing several small downward trends for the platform. Close to 10% down isn’t breaking the bank, but Investors always just count engagement numbers (for ad monetization). So it’s not even factoring in the loss of content and free manpower / creators yet. Those will hurt the bottom line in the long run.
It’s close to 50% down in 1 year. That’s a huge valuation cut. Wait til they realise they lost many of the power users who were actually giving the website content. It’s all downhill from here.
that would be enourmous
All useless gold!
Someone extracted all the latinum!..
Karma = Latinum, a currency retcon’ed into a socialist utopia because they couldn’t actually deal with the idea of a world without money
The Federation (the socialist utopia you reference) doesn’t use Latium, thats usually used by societies (mostly The Ferengi, a commentary on late-stage capitalism) that still barter using currency.
The only retcon is that they decided to make gold “worthless” in comparison.
They’re not even consistent on that point either. Quark in this episode declares it worthless. In an episode of Voyager a couple of Ferengi are mentioned to have have tried to steal gold reserves from Ft Knox. And in Enterprise sine 22nd century Ferengi (pre-official first contact which was during TNG) raid the ship and are interested in the gold they think is hidden aboard.
I mean, gold is pretty abundant in space and presumably not that difficult to replicate.
Very handy for electronics due to its conductive properties, malleability, and resistance to rust, though.
They say they don’t, but we know they trade with the ferengi, and that federation staff on non-federation worlds received latinum to buy stuff. Quarks isn’t handing out drinks for free, for example.
Federation credit is also a thing.
Of course they trade (generally with goods and services instead of currency), and when they’re involved in planets who aren’t part of the federation (like a Bajoran space station) they will allow their citizens to participate in that economy.
You act as though socialism is a autocratic ideocracy instead of a system that seeks to empower its citizens through collective empowerment.
I would have to assume that credits are a largely bureaucratic unit of account that most Federation citizens will never work with or even hear about, but are used by internal departments of the Federation as a means of budgeting the capacity of things like transport ships, industrial replication facilities and shipyards.
This also allows them to function as a de facto currency for trade with outside powers who have achieved warp travel but aren’t yet in a post-scarcity state, or as a way of managing resource usage at the edges of Federation space where infrastructure is still developing and resources need to be priorities for that development.
Basically, the Federation doesn’t have “money” as an everyday societal phenomenon, but it does retain the economic capacity to issue something usable as currency when the situation calls for it such as during periods of scarcity (whether localised or across the Federation) or when conducting trade with non-Federation entities such as the Ferengi.
I nuked a 15yr and 14yr old account on reddit. Just one more to go and today is the day.
An apt comparison
thx just made the switch today. already netting other positives being off reddit.
I’m still missing a lot of the niche communities that haven’t cropped up here yet, but this instance and the USS Hood discord have been a diverting replacement.
give it time or better yet, start one yourself, it’s a new day.
this!
The good thing is that the more niche they are, the easier it is to just move somewhere else since you don’t have to convive millions of people.
I deleted my final two accounts today. It won’t be easy, but it’s time for me to move on.
Congrats, It’s a new day! Just nuked my reddit yesterday, leaving no content to be profited from. It’s strange how stagnant and unflexible reddit had become over the last years.
Check back up on it though. Saw a video where someone nuked account/comments and reddit un-deleted everything. Even if misleading, wouldn’t hurt to confirm account is dead in a bit.
@spiderkle So, do you want to be paid in pressed latinum or oppressed latinum?
lol that’s good
