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Reddit brings back its old award system — ‘we messed up’
(www.theverge.com)
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this post was submitted on 18 May 2024
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People spend real money on reddit. What a bunch of loosers.
That's what I thought when I first saw gold back in 2010...
While I’ve never given Reddit a penny, it was totally different back then. In those times, the site was much smaller, and buying gold got you r/lounge access and supported the site. They felt more community oriented and weren’t aggressively monetizing the service. Nowadays it’s like paying for Facebook or twitter, absolutely not.
But that place was insufferable
Down to my bones I believe what happened to reddit was the plan all along. Yes back in the day there was more community that we made but it doesn't change the fact the dbags were, are, and will be steering the boat... that said my first guided comment felt dope and going to the lounge was fun.
It’s hard to say. I think it was obvious they planned to use ads and gold to break even, but it took many years to begin monetizing aggressively. Once new Reddit and the app came around, and they started making noise about an IPO, it became obvious.
r/lounge was easily the cringiest community I have ever encountered on reddit.