They vastly overestimated their usersā willingness to pay for content and put up with their bullshit.
I thought that too. And then nothing happened when Reddit killed third party apps. The Reddit userbase will continue to bend and spread. As long as Spez spits on it first, theyāll continue to take it.
nothing happened when Reddit killed third party apps.
Well thatās not true. Reddit is definitely different than it was at the start of the year
Not only that, but the insistence on seeing everything as zero-sum is fucking ridiculous.
āWell we didnāt even take down a massive corporation with an install base of hundreds of millions!! Hmph. Why even bother ā¹ļøā
How old are these people? Are they for real? Lol
And weāre a drop in the bucket compared to the Reddit userbase. A rounding error. Some impact we made.
I could see cryptobros and the āinvestingā subs spending a lot on this. They were already buying tons of awards to hype themselves up.
Any unironic circlejerk cult will by buying these and pinning them on each otherās chest, same as the dumbass awards.
I think reddit knows their target audience pretty well; Rubes. Thatās why they let all the toxic āstockā, crypto-scam and political extremist subs stay open until the media starts writing stories about them. Gullible idiots spend a lot of money trying to make their opinions look smart and popular.
This will make Reddit a lot of money in the short-term, but probably push more legitimate/casual users away as these āpremium upvotesā will surely effect the algorithm and push more nonsense into peopleās feeds.
Now that i think about it, this will probably help advertisers and political groups astroturf all of reddit.
The reddit crash in userbase and content quality actually began earlier indeed, with the wsb explosion into big media and the gamestock madness and the influx of a large flock of dumb people hoping to get rich quick.
I think a lot of the quality did move away from there to here. Lemmy should grow, but not too much or too fast. Thereās no rush, there arenāt lemmy investors waiting for their double digit ROI by the end of the month.
this will probably help advertisers and political groups astroturf all of reddit.
So itāll work as intended then.
Yup. That $50 option is going to be 75% business/political co, and 25% real users.
And youāre vastly underestimating Redditās user baseās willingness to simp for porn stars and billionaires.
Thatās basically the whole planetās 12-28 year old demographic, itās not exclusive to Reddit.
