The new system to replace Reddit coins and awards is here. You got out at the right time.

Bucky@816am.ddns.net to Reddit@lemmy.world – 1364 points –
Community Points - Own a Piece of Your Community
reddit.com

Read all about it at the above link. There's way too much to process here. This is going to be wild.

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so what’s stopping rich assholes from buying up points and using their capital to take over communities?

Oh silly boy/girl, that's exactly why it's set up that way. :D

JK. Seriously, though, I doubt reddit cares where the funds come from. Pretty short-sighted to me, tbh. When money takes over, I wonder how redditors will react.

Check r/cryptocurrency for a glimpse of future Reddit. So far it's managed to become a shitpost cesspool.