this post was submitted on 13 Jul 2023
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Reddit Migration

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Reddit kills awards and coins (old.reddit.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 3 points 1 year ago

how could they even have the cashflow to support that?

I'm guessing new deals with advertisers. These changes will incentivize more neutral, advertiser-friendly comments on their platform. I imagine that's going to make them more lucrative to advertisers going forward, so that their ads are shown next to harmless memes instead of bad-faith political arguments in cat pic subreddits.