Reddit cabinets its pseudo-foreign money plans for now

Reddit shelves its pseudo-currency plans for now

Dangerous information for those who have been hoping to swap Reddit Notes with pals: the web group simply put its do not-name-it-a-foreign money challenge on ice. As Reddit’s Alexis Ohanian argues, the corporate does not need to dive into cryptocurrency (even when it does not have typical financial value) till each the authorized and technical points are “additional alongside.” He needs to make it possible for customers get the “full worth” of their fairness, and that is reportedly not attainable proper now. It isn’t clear that that is the one motivation, thoughts you. Notes was began underneath Reddit’s earlier CEO, so it might be as a lot a few change in management philosophy as anything. Regardless of the trigger, you will need to make do with handing out Reddit Gold if you wish to reward your fellow redditors with out counting on third-social gathering providers.

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