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Why isn't this being brought to Reddit's userbase? This seems like something where a lack of transparency will really hurt the company.

yafujifide 12y ago
Why isn't what being brought to the reddit userbase? That they fired me? That reddit notes is now paused? They are probably waiting for the right time to make an announcement I guess. They probably didn't realize that by firing (or letting me go, whatever) that they would draw the interest of the media.
- ivraatiems 12y ago
  Sorry - it's really all of the above. To be more clear, I will break this into some sub-questions that are hopefully less obsequious. The "reddit is giving 10% of its shares to its users" thing was very positively received. My understanding was that redditcoin was part of that effort. Is the 10% thing still going to happen in some way? If not, why not? Regardless of the answer to the question above, hearing that redditcoin is being cancelled would likely lead members to conclude the new leadership doesn't want the community shares system that was so touted previously. Is that the case, if you know? And then the final, more meta question is: Why would Reddit's staff, of all people, think they could do something involving Reddit quietly?
  - yafujifide 12y ago
    > The "reddit is giving 10% of its shares to its users" thing was very positively received. My understanding was that redditcoin was part of that effort. Is the 10% thing still going to happen in some way? If not, why not? I think they intend to make the 10% thing happen eventually, although the project is currently paused. I estimate 1+ year before any aspect of the project resumes. However, I am not privy to the conversations the executives have had about it, so I don't really know. > Regardless of the answer to the question above, hearing that redditcoin is being cancelled would likely lead members to conclude the new leadership doesn't want the community shares system that was so touted previously. Is that the case, if you know? I don't know. > Why would Reddit's staff, of all people, think they could do something involving Reddit quietly? Ha. No idea.
    - ivraatiems 12y ago
      Interesting. I appreciate your candidness!
- tom-lord 12y ago
  I've already seen plenty of discussion about it on r/bitcoin et al. I'm pretty sure most people "in the loop" have already heard about this.
seanalltogether 12y ago
It popped up a couple days ago, but I'm not the sure the userbase as a whole cares much about it. http://www.reddit.com/r/SubredditDrama/comments/2u4ypn/reddit_lays_off_its_cryptocurrency_engineer/ http://www.reddit.com/r/SubredditDrama/comments/2u4ypn/reddi...
m3rc 12y ago
It was, everyone who really cared about it in the slightest knew http://www.reddit.com/r/Bitcoin/comments/2uadvd/the_real_reason_ryan_charles_was_fired_from/ http://www.reddit.com/r/Bitcoin/comments/2uadvd/the_real_rea... http://www.reddit.com/r/Bitcoin/comments/2u4nv4/ryan_x_charles_on_twitter_i_was_just_let_go_from/ http://www.reddit.com/r/Bitcoin/comments/2u4nv4/ryan_x_charl... http://www.reddit.com/r/SubredditDrama/comments/2u4ypn/reddit_lays_off_its_cryptocurrency_engineer/ http://www.reddit.com/r/SubredditDrama/comments/2u4ypn/reddi... http://www.reddit.com/r/Buttcoin/search?q=ryan+charles&restrict_sr=on&sort=relevance&t=all http://www.reddit.com/r/Buttcoin/search?q=ryan+charles&restr... The only people that cared about this guy were the bitcoin fanatics and the those who where hell bent on making fun of the bitcoin fanatics. No one else on the site talked about it because it didn't affect them.
- ivraatiems 12y ago
  On Reddit, in my opinion, spin and the degree of transparency matter long after the fact. This is everyone who cares to know right now. What happens when there's a front-page TIL post or relevant blog post in a few months? Reddit and PR can be a time bomb.
  - m3rc 12y ago
    What would you have had them do? Make a full blog post for every single employee they hire or layoff? Have the entirety of the site (which is already hypercritical of the admins) mull through and critique every single personnel decision? They didn't try to hide the fact that he was laid off, and he's now obviously free to come talk here and on twitter about the circumstances surrounding his departure from the company, I really don't see how this is a transparency issue.
    - ivraatiems 12y ago
      That's a good question and point. The thing is, you're right: It's not a transparency issue in the real world and it wouldn't be for any other company. But Reddit's not the real world. Reddit's much angrier and much more conspiratorial, especially when it comes to things that ostensibly are about the "community" and "giving back" on behalf of the admins.

yafujifide 12y ago

Why isn't what being brought to the reddit userbase? That they fired me? That reddit notes is now paused? They are probably waiting for the right time to make an announcement I guess. They probably didn't realize that by firing (or letting me go, whatever) that they would draw the interest of the media.

ivraatiems 12y ago
Sorry - it's really all of the above. To be more clear, I will break this into some sub-questions that are hopefully less obsequious. The "reddit is giving 10% of its shares to its users" thing was very positively received. My understanding was that redditcoin was part of that effort. Is the 10% thing still going to happen in some way? If not, why not? Regardless of the answer to the question above, hearing that redditcoin is being cancelled would likely lead members to conclude the new leadership doesn't want the community shares system that was so touted previously. Is that the case, if you know? And then the final, more meta question is: Why would Reddit's staff, of all people, think they could do something involving Reddit quietly?
- yafujifide 12y ago
  > The "reddit is giving 10% of its shares to its users" thing was very positively received. My understanding was that redditcoin was part of that effort. Is the 10% thing still going to happen in some way? If not, why not? I think they intend to make the 10% thing happen eventually, although the project is currently paused. I estimate 1+ year before any aspect of the project resumes. However, I am not privy to the conversations the executives have had about it, so I don't really know. > Regardless of the answer to the question above, hearing that redditcoin is being cancelled would likely lead members to conclude the new leadership doesn't want the community shares system that was so touted previously. Is that the case, if you know? I don't know. > Why would Reddit's staff, of all people, think they could do something involving Reddit quietly? Ha. No idea.
  - ivraatiems 12y ago
    Interesting. I appreciate your candidness!
tom-lord 12y ago
I've already seen plenty of discussion about it on r/bitcoin et al. I'm pretty sure most people "in the loop" have already heard about this.

seanalltogether 12y ago

It popped up a couple days ago, but I'm not the sure the userbase as a whole cares much about it. http://www.reddit.com/r/SubredditDrama/comments/2u4ypn/reddit_lays_off_its_cryptocurrency_engineer/ http://www.reddit.com/r/SubredditDrama/comments/2u4ypn/reddi...

m3rc 12y ago

It was, everyone who really cared about it in the slightest knew http://www.reddit.com/r/Bitcoin/comments/2uadvd/the_real_reason_ryan_charles_was_fired_from/ http://www.reddit.com/r/Bitcoin/comments/2uadvd/the_real_rea... http://www.reddit.com/r/Bitcoin/comments/2u4nv4/ryan_x_charles_on_twitter_i_was_just_let_go_from/ http://www.reddit.com/r/Bitcoin/comments/2u4nv4/ryan_x_charl... http://www.reddit.com/r/SubredditDrama/comments/2u4ypn/reddit_lays_off_its_cryptocurrency_engineer/ http://www.reddit.com/r/SubredditDrama/comments/2u4ypn/reddi... http://www.reddit.com/r/Buttcoin/search?q=ryan+charles&restrict_sr=on&sort=relevance&t=all http://www.reddit.com/r/Buttcoin/search?q=ryan+charles&restr... The only people that cared about this guy were the bitcoin fanatics and the those who where hell bent on making fun of the bitcoin fanatics. No one else on the site talked about it because it didn't affect them.

ivraatiems 12y ago
On Reddit, in my opinion, spin and the degree of transparency matter long after the fact. This is everyone who cares to know right now. What happens when there's a front-page TIL post or relevant blog post in a few months? Reddit and PR can be a time bomb.
- m3rc 12y ago
  What would you have had them do? Make a full blog post for every single employee they hire or layoff? Have the entirety of the site (which is already hypercritical of the admins) mull through and critique every single personnel decision? They didn't try to hide the fact that he was laid off, and he's now obviously free to come talk here and on twitter about the circumstances surrounding his departure from the company, I really don't see how this is a transparency issue.
  - ivraatiems 12y ago
    That's a good question and point. The thing is, you're right: It's not a transparency issue in the real world and it wouldn't be for any other company. But Reddit's not the real world. Reddit's much angrier and much more conspiratorial, especially when it comes to things that ostensibly are about the "community" and "giving back" on behalf of the admins.