Firstly, they de-valued upvotes and the equality that every user’s opinion had before they were introduced.
And secondly, they were so abundant that they didn’t mean anything anyway.
Firstly, they de-valued upvotes and the equality that every user’s opinion had before they were introduced.
And secondly, they were so abundant that they didn’t mean anything anyway.
Back before Reddit was mostly being run by VCs, Reddit gold was actually able to cover the site’s running costs. They used to have a meter on the front page that showed every day when enough gold had been bought to pay for the day’s hosting costs. They probably could have kept up that dynamic forever, but instead they insisted on going after even more profit.
Oh this is good to know. Now we know that it would be a (near) viable model for the Lemmyverse.