Reddit kills awards and coins

gsa32@lemmy.worldbanned from sitebanned from site to Reddit@lemmy.world – 2345 points –
Reworking Awarding: Changes to Awards, Coins, and Premium
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It's truly shocking. Like all the Twitter stuff that musk is doing, seems in some way connected to his ego and they seem like genuine mistakes that he's making because he's completely out of touch and an a******.

But with Reddit, it's like I can't follow the logic of these decisions at all, I can't tie back these obvious blunders to any sort of logical troubleshooting decision making process for their company.

Perplexing

The logic is the same as Twitter, Spez said so: https://www.nbcnews.com/tech/tech-news/reddit-blackout-protest-private-ceo-elon-musk-huffman-rcna89700

Huffman said he saw Musk’s handling of Twitter, which he purchased last year, as an example for Reddit to follow.

Ad revenue down 70%, who wouldn't want to emulate that!

Fucking wat Spez been sniffing gas straight from the pump or wat?

Please, the Speztic has been fighting to cram his rectum docking nose deeper into the Elongated Muskrat's anus every chance he's gotten. He's the epitome of every single one of Elon's cucked, arse barnacle followers, the only difference is he also had a world class platform to burn to the ground in retarded mimicry of his waste of a good wankstain idol.

The logic is to destabilise public forums ahead of upcoming elections, so the wealthy can consolidate more power.

I hate that this take seems like the conspiracy take but also is totally plausible. Just look to the example of the Arab spring and how instrumental social media was for organizing. By fragmenting all social media it’s a lot less likely you see a massive resistance if shit goes sideways.

This might be the top-down view, but the bottom-up is Telegram forums, Mastodon, Lemmy, and similar distributed hard to close down spaces.

"Divide and conquer" is a valid strategy when one can conquer each part separately, "guerrilla warfare" is the aftermath of failing to conquer the divided parts.

If this is the case, I guess it makes sense why these bad, seemingly "money-losing" changes aren't going to be felt by the company or CEO. Soon as they go public, the elite that pushed these changes will buy up the amount they promised, spez will take his payout, and they will have "union-busted" another prominent social media platform used for progressive ideas and discussion.

Fun fact, most of the money Musk spent on Twitter was underwritten by stocks in Tesla, which have drastically shrunk in value since the purchase.

I can’t believe I’m saying this, but this r/conspiracy-tier theory is really the only explanation for this beyond ‘spez is dumber than a rock with brain damage’.

We just don't have as much firsthand information about Splez because he doesn't try to make himself the center of attention on his platform and the news.

It's just Huffman, an Elon simp, deciding he wants IPO money and that the best way to make it is to blindly follow whatever Twitter does. Because, you know, Twitter's so hot and profitable right now.