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"Users can hoard their points or spend them on unique features such as badges, custom emojis and GIFs in comments." GIFs...in...comments? That will quickly lea
by _curious_ 6y ago
"Users can hoard their points or spend them on unique features such as badges, custom emojis and GIFs in comments."
GIFs...in...comments? That will quickly lead to a worsening user experience, who thought this was a good idea?
"In the Reddit app your wallet is a full Ethereum wallet that has a private key and recovery phrase. You are able to use that wallet anywhere you would normally use an Ethereum wallet by exporting it."
Does this mean it can be converted to (or spent like) cash?
- RandomBacon 6y agoYes, and on reddit's Cryptocurrency sub, there are already people asking how to buy it.
- _curious_ 6y agoThat's interesting, and to be expected from that sub, but how is Reddit going to comply with KYC if this implementation is to scale and their currency can also be transferred/used as cash?
- jedieaston 6y agoDo normal crypto exchanges have to do KYC, and if so, doesn't that take away the anonymity?
- _curious_ 6y agoYes and yes
- jabroni_salad 6y agoI wonder how this will spell out for communities that already support images in comments. Are they now circumventing reddit's monetization scheme? For example, /r/anime has a bunch of images you can insert. Only works on the Old layout though, no apps and not the new layout.