I'm glad they killed this project. I can't see how integrating a crypto-payment system into reddit would have worked out into anything other than a disaster. F

I'm glad they killed this project. I can't see how integrating a crypto-payment system into reddit would have worked out into anything other than a disaster. First of all, if it became commonplace that reddit accounts might contain some sum of crypto-money, the bustling onslaught of salivating hackers would become so tremendous that the site would likely be crippled under the weight of user grievances and brute-force traffic. I'm sure mandatory MFA would be put in place to increase security, but it wouldn't change the fact that reddit would become a major target for hackers, and many people would lose their money, despite MFA. Next, I think the incentives for shit and spam posts would rocket off the chart as scammers, beggars and cam-models would likely flood the site with crap so that they can extract tips from anyone willing to toss penny shavings in their direction. Karma is already a sufficient reward mechanism, adding money into the fray is totally unnecessary and would almost certainly lower the quality of discussion. Finally, this may be a stretch, but I fear that integrating crypto-money into the site would open the door for pay-to-subscribe/pay-to-view/pay-to-comment/pay-to-vote subreddit mechanisms. I understand that reddit is a business, but I think that this would be objectively bad, and even worse if subreddit mods were able to get a cut of it. In the end, I don't think reddit needs crypto, it doesn't make the site better in any conceivable way.