### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/
Makes sense to me.
Reddit's new userbase (Bots) don't buy gold.
You don't want to IPO and have to document that one of your 3 revenue streams is decreasing month-to-month.
The strategy is to keep pumping the fake traffic and keep selling the bogus impressions to ad buyers.
It's surprising to hear this; given reddit's current mass-enshittification I don't expect to see a change that both improves user experience and reduces the money they're making. Clearly they've got something more sinister planned, but awards were a blight on the reddit experience and had I not already left I'd appreciate this change (for now!)
I never bought coins or whatever, but I had inherited a bunch somehow. I jumped on reddit just now to find an old thread I'd saved and found this in my inbox:
Hello from Reddit,
We’re reaching out because you have Reddit Premium and/or Reddit Coins on your account.
TL;DR: We're making updates to awards and coins on Reddit that we'll complete by September 12, 2023. As part of this, we made a decision to move away from Reddit coins and awards. This includes the 700 monthly coins* and Premium Awards, which are currently part of the Reddit Premium experience.
You'll still be able to use your Reddit Coins until September 12, after which they'll be removed from your account.
Note: all other current Premium perks will still continue to exist, including the ad-free experience.
As we looked at our current awarding system, there was consistent feedback from redditors that stood out – particularly around the clutter from awards and all the steps involved with awarding content. We also learned that redditors want awarded content to be more valuable. With that, we are reworking how great content and contributions are rewarded on Reddit. We will have more updates to share soon.
If you have further questions please check out our announcement post to read more about the update.
- This perk is part of the paid Reddit Premium experience.
Thought it was kind of funny considering I never once cared about coins in the first place. Just checked and apparently I have "13325 coins to spend." I'm just going to let them go unless someone has a more maliciously compliant suggestion.
I can't think of anything too maliciously compliant. Maybe give Reddit Gold to posts describing how to join Lemmy or something? Awards should boost visibility. It's at least a little ironic to use Reddit 's own awards to help people escape.
This is not a bad idea at all. I’ll do a search for “lemmy” and “kbin” at some point tomorrow and throw coins at any of the useful posts I find.
Award a bunch of posts and memes making fun of r/spez
A suggestion I've seen is to use them to give platinum coins to people, because that gives them some time of Reddit Premium (platinum gives more than gold), which is the only thing you can do with them that will outlast the awards being phased out and it's the closest thing to using them for something that has monetary value.
Reddit is a dumpster fire!
I know, right? And u/spez threw the match! I'm still in shock over how swiftly it just went from amazing to garbage. Fortunately, Kbin and the fediverse is already superior for me even if the community isn't as robust. The growth and enthusiasm is here.
The Snoopocalypse continues.
Oh for want of a kind stranger.
The Snoo Platform gone mad with their own userbase...