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
You mean Musk? Because it seems that whatever insanity that Musk does, Spez wants to copy verbatim
All that needs to happen now is for meta to launch a reddit clone that steals away all of reddit's users
Considering how successful Threads has been, they’d be stupid not to try. So they probably won’t.
Threads is horrible. Aside from being “not twitter,” it’s a waste of time.