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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"It is time for communities to break free of walled gardens and take ownership of their existence online."

So, literally the fediverse ?

Yeah, the first section made me expect they were going to say "Which is why we're shutting down and recommending users migrate to Lemmy".

Of course it's some crypto bullshit for investors.

my instant thought as well

Almost. Substitute dictatorial control for independence, and you’ve got it!