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Kafke · 3208 days ago · link · · parent · post: Creator of Reddit Notes explains what he did at reddit and why he was hired
The problem is that by introducing a monetary system to vote/share content, you fundamentally change what made reddit successful in the first place: an environment where you can freely speak, regardless of how much other users approve. With the pay-to-vote system, it just quickly become a giant circle-jerk contest of who can say the thing to attract the most upvotes, and who has enough money to sponsor the content they want others to see. AKA big money advertising on the front page. Putting bitcoin as the centerpiece to reddit would kill it.