Reddit kills awards and coins

https://lemmy.world/post/1442053

Reddit kills awards and coins - Lemmy.world

I just said this yesterday or two days ago when they announced they were going to start paying people for content, but it truly is amazing how Reddit can find another significant thing that will hurt them as a business and move forward with it.

It seems like they’d run out of things that could significantly hurt their business, they just keep finding something else.

Soon they’re going to be down to basic features, And they’ll be like hey look so hyperlinks don’t work anymore. And then that’ll be the end of the press release.

Their “business decisions” are insane right now.

It’s very difficult to see this procession of self-mutilation technologically in another light other than deliberate corporate suicide. Like is someone going to benefit if Reddit goes bankrupt? Is that what’s happening?

Reddit’s incompetence is so mind-blowing it’s unreal. Even a crackhead can manage Reddit better than spez

Regulatory Capture is when corporations install favourable politicians and former employees into positions that enact policies and regulations favourable to the goals of industry (profit).

I think what we’re saying here is Corporate Capture, where malicious players have captured major corporate entities in an attempt to neuter platforms that are used by the masses in an effort to control the messages given to the population.

People start talking about revolution, and suddenly the mediums used to enable free communication are removed.

And Threads shows up right on cue with a stated deemphasis on news and politics. Meanwhile politicians are pushing to ban TikTok.
Agreed that Threads is sinister, but I think a lot of the reason politicians dislike Tik Tok is that it’s exporting massive quantities of American users’ data to China. US politicians don’t really take it seriously enough to believe that teenagers could use it to start a revolution, but they are pretty sure the Chinese government can use it to spy on Americans.