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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Is this just a way increasing their perceived worth by making people buy their shitty crypto and locking it into the platform that can only be spent on reddit features?

Sounds a lot like scrip.

Feel free to sell your soul to the Reddit store.