Reddit Plans Cryptocurrency to Give Back to Its Users After $50M Raise

Post by scrollaway » Wed, Oct 01, 2014, 7:41 AM UTC

rmtew wrote: post #50

jn1234 wrote: post #45

Earlier quoted context omitted.

There is extreme group think in subreddits like /r/politics and /r/libertarian. The main problem is that the quality of content degrades extremely quickly as the community grows. It has been eternal september there since Digg v4.

What is the difference between describing something as extreme group think, and describing it as a circle jerk? How does one differentiate between this being a valid description, and an unwillingness to accept that one's position is the unpopular one?

Post by neotek » Wed, Oct 01, 2014, 8:22 AM UTC

Throwaway12830 wrote: post #57

This seems incredibly strange. Personally, I don't see how it's going to add value to Reddit and help build the community. Mixing money into the site is going to complicate things, bring forward a lot of challenges, and it's going to be a large time sink. I think Reddit has more important things to focus on, and I don't find this to be a good use of resources. Reddit is also slow to roll out changes, so if this has a…

Post by hnha » Wed, Oct 01, 2014, 8:52 AM UTC

diydsp wrote: post #72

swanson wrote: post #3

"as well as individual investors like ... Calvin Broadus Jr. AKA Snoop Dog [sic] (also randomly)" Snoop Dogg is actually a pretty active reddit user: http://reddit.com/u/Here_Comes_The_King - especially in a certain..err.."plant-based" subreddit. He's done several AMAs that are actually amazingly fun to read. In some ways, AMAs can provide a better "celeb-to-fan" interaction than Twitter so I can see why they got a f…

I dislike being cynical, but I don't see many posts by Snoop that aren't in an article without his name in the title... or that aren't promoting one of his products. I'm smelling good PR work here, not an authentic interest in reddit.

Post by _pmf_ » Wed, Oct 01, 2014, 9:39 AM UTC

scrollaway wrote: post #70

snowwrestler wrote: post #65

Earlier quoted context omitted.

Feeling remorse about being so wrong is not laudable, it's just normal. The problem is that they got it wrong in the first place. > The boston bombing error is known and passed down like folklore from old members to new, keeping similar actions on check. No it's not. The Boston bombing thing was just the most high-profile example in a long line of similar problems. Here's one from before the Boston Bombing: http://ga…

There's a hilariously sad current bandwagon effect going on about the user Unidan, a "reddit-famous" biologist who, after a petty argument with another user, turned out to have less credentials than he claimed and to have manipulated votes using sockpuppets. This is possibly the most hated guy on Reddit right now. Not whoever started the whole boston bombing witchhunt. Not someone who actually did anything harmful. J…

Post by muyuu » Wed, Oct 01, 2014, 1:07 PM UTC

slg wrote: post #5

This seems like an interesting but risky experiment if Reddit really does tie something like this to user contributions. First it seems like a massive regulatory headache. From Reddit's perspective, are they going to send out 1099s to their users? Will they require them to have real names and addresses on file? From a user perspective, will I need to worry about my Reddit activity when filling out my tax returns. It…