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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This was the most baffling statement. They literally just took control of some subreddits weeks ago. Do they really lack any self awareness?

They have full self awareness. They know they're lying out the ass. They're lying and laughing at users as they write this doublespeak because they know that the userbase that stayed through the last fiasco will stay through any fiasco. This is their way of publicly shitting on their userbase. They're making the power structure perfectly clear to anyone smart enough to actually think about it. They're saying "We're in charge. We don't owe you anything, not even honesty. We own this platform. We will lie to your face and you'll pay us for it. We know you'll never leave, so we think it's funny to abuse you."

At least I can take comfort knowing that reddit has never turned a profit. They are getting desperate.