this post was submitted on 26 Jul 2023
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[–] Sentinian@lemmy.one 243 points 1 year ago (1 children)

Just fyi to prevent misinformation, reddit disabled buying coins when they announced it was being removed. So all these points are leftovers

[–] cat_in_socks@lemmy.blahaj.zone 42 points 1 year ago

Also due to this people are even more willing to give out awards, since reddit announced that all coins will be removed from your account after September.

[–] SSUPII@sopuli.xyz 137 points 1 year ago (4 children)

Lots of them are likely leftover points due to the deprecation of awards.

[–] Guildo@feddit.de 59 points 1 year ago (4 children)

I never understood why people spend money on reddit. It's fucking stupid.

[–] bappity@lemmy.world 39 points 1 year ago (2 children)

on top of that, Reddit rewards are disappearing soon so they are literally throwing money into a fire

[–] Guildo@feddit.de 24 points 1 year ago (2 children)

It was always that kind - I also don't get why people are spending money on e.g. bits at twitch. It's the same kind of stupid. Just give the people you like money with paypal. It's easier and they get nearly 100% of it.

[–] SSUPII@sopuli.xyz 7 points 1 year ago* (last edited 1 year ago) (1 children)

With "Friends and Family" they get 100% unless converted

[–] Guildo@feddit.de 4 points 1 year ago* (last edited 1 year ago) (1 children)

it's a bit complicated, if you have to spend tax on it - but, yes

[–] SSUPII@sopuli.xyz 2 points 1 year ago (2 children)

In my country Paypay doesn't tax when doing Friends and Family transactions, but do when you are sending to an account from another country

[–] Guildo@feddit.de 3 points 1 year ago (1 children)

In germany it demands on the conditions. If you get too much, they will ask why and where you got it. So, if you get small amounts it’s totally ok, if it gets more you will get problems.

[–] SSUPII@sopuli.xyz 2 points 1 year ago (1 children)

Isn't like that anywhere really? Paypal applies a hard limit on the max amount to send via Friends and Family, needing you to use the taxed other method where it becomes pretty much a bank transaction. For exchanging big sums in general the only real choice is a bank transfer with your real cards.

[–] nodiet@feddit.de 1 points 1 year ago (1 children)

I think you are confusing taxes with fees? I don't think PayPal will pay any taxes for you even if you don't use the "friends and family" feature.

[–] SSUPII@sopuli.xyz 1 points 1 year ago

Yeah, I meant fees there.

[–] Shialac@lemmy.world 2 points 1 year ago (1 children)

PayPal doesn't do the tax, but for the content creator its taxable income

[–] SSUPII@sopuli.xyz 1 points 1 year ago

That should be specified some law in each of our countries that specify the amount you can do as independent before its going to be taxed.

[–] Sentinian@lemmy.one 5 points 1 year ago (2 children)

Used to ask this question alot. But then I realized, its to be part of a community of sorts, either in a random twitch streamer's chat or on reddit. I kinda get it now, and I while I wish people would put this money towards either smaller creators or more charitable causes I do also respect peoples right to spend however they want.

[–] Guildo@feddit.de 4 points 1 year ago (1 children)

You have the right to do stupid things, nobody is denying it.

[–] Sentinian@lemmy.one 3 points 1 year ago

While I personally think its silly, if the people get that sense of community from doing I wouldn't outright call it stupid.

[–] Guildo@feddit.de 2 points 1 year ago

In germany it demands on the conditions. If you get too much, they will ask why and where you got it. So, if you get small amounts it's totally ok, if it gets more you will get problems.

[–] Shnebs@lemm.ee 10 points 1 year ago

I’m pretty sure you can’t buy coins anymore

[–] SeaJ@lemm.ee 24 points 1 year ago

They used to give out awards to gift daily to encourage people to use the official app. You could also give out gold if you got several gold. I never spent any money but did give out awards.

[–] LazaroFilm@lemmy.world 13 points 1 year ago (1 children)

I spent money on Apollo Ultra, but not on Reddit.

[–] Guildo@feddit.de 7 points 1 year ago

totally reasonable

[–] Cube6392@beehaw.org 8 points 1 year ago

Reddit premium did make the website more enjoyable. I'd never buy it for myself, but I gave it to a couple of friends over the years and the thought additionally was similar to me paying donations to Beehaw: wanting the website hosting the communities I participate in to keep existing

[–] Niello@kbin.social 9 points 1 year ago (3 children)

Why is it being deprecated? I thought it's a major income for them.

[–] princessnorah@lemmy.blahaj.zone 35 points 1 year ago (2 children)

Because Huffman and Musk are apparently (no, I'm not making this up) good buddies who share tips on how to run social media companies.

[–] Hillary_Clinton@lemmy.world 3 points 1 year ago* (last edited 1 year ago)

Understandable

[–] RandomVideos@programming.dev 2 points 1 year ago (1 children)

By "run" do you mean "destroy"?

Yes, that was the joke, I was being facetious.

[–] Calcharger@kbin.social 6 points 1 year ago (1 children)

I guess they are going to roll something else out to replace it

[–] Niello@kbin.social 8 points 1 year ago (2 children)

Let me guess, NFT or something blockchain related.

[–] SSUPII@sopuli.xyz 5 points 1 year ago

Doesn't Reddit already have NFT avatars?

[–] glorious_albus@lemmy.world 1 points 1 year ago

Wouldn't be surprised at all.

[–] SSUPII@sopuli.xyz 3 points 1 year ago* (last edited 1 year ago)

Because the owner wants a bland social media with no soul.

[–] perviouslyiner@lemm.ee 6 points 1 year ago (1 children)

Awarded - apparently I have gold points there for some reason, and an IM saying they're about to be removed.

[–] SSUPII@sopuli.xyz 9 points 1 year ago

If you ever receive gold or higher you get some coins + premium membership for some days. I don't know if it is still applies.

[–] zeropublix@lemmy.ml 2 points 1 year ago

Basically 99.99%

[–] altima_neo@lemmy.zip 57 points 1 year ago (1 children)

And they misspelled CEO. Fucking achievement right there.

[–] Trofont@lemmy.world 16 points 1 year ago (1 children)

NGL I tried to figure out what joke you were making for several minutes. Then I finally looked at the second "CEO" my brain skimmed past it like 5 times

[–] LollerCorleone@kbin.social 5 points 1 year ago

Average Reddit behaviour.

[–] problembasedperson@lemmy.world 17 points 1 year ago (1 children)

Upvotes have nothing to do with SEO

[–] rockSlayer@lemmy.world 24 points 1 year ago (1 children)

Believe it or not, this used to actually work for SEO manipulation before Google got wise

[–] 100@lemm.ee 4 points 1 year ago

I remember the good old days when reddit managed to make a swastika one of the top google image results for EA Games or something, maybe Comcast.

[–] Anti_Weeb_Penguin@lemmy.world 5 points 1 year ago

REDDITORS TRY TO BE INTELLIGENT (IMPOSSIBLE)

[–] GenBlob@lemmy.world 5 points 1 year ago

I supported sending a message on r/place but this is embarrassing

[–] dhruv@lemmy.world 3 points 1 year ago

I tried to upvote the image. Old habits die hard?

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