Reddit is killing awards and coins...LMFAO

Chris Remington@beehaw.org to Chat@beehaw.org – 3 points –
reddit.com
6

I don't care to devote mental effort to understanding why a company would intentionally remove revenue streams (particularly after years of withholding them from 3PA users) right before an IPO and right after the CEO has publicly stated that the company is not profitable. I'd say GLHF but with enough sarcasm to curdle milk.

My mental effort produced the theory that they have an alternative subscription service in mind that is more investor-friendly but that clashes with the coin thing.

Introducing Snoo Platinum where you pay £8.99 a month and Huffman doesn’t edit your comments to say boot-licking things about the admins.

Someone in the comments mentioned that apparently Reddit will be adding a tip ‘feature’ instead of awards for US users. So I’m happy I decided to quit Reddit.

Oh I also forgot to mention that this might make Reddit more business friendly for community amas. Where without gold downvoted comments won’t appear to casual users. Think that Blizzard comment that has heaps of awards/gold but a record number of downvotes. This could make it easier for Reddit to hide controversial comments or more attractive for companies to engage with Reddit communities if they know their shit corporate pr comments will just hidden by downvotes.

I'm pretty sure they're actively trying to burn reddit to the ground at this point.