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Reddit communities with millions of followers plan to extend the blackout indefinitely (www.theverge.com)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 4 points 1 year ago

My goal is to hurt Reddit’s IPO to prevent a capitalisation on the platforms recent string of real world impacts, such as the Game Stop short squeeze and the intelligence leak that happened on a Discord server.

I don’t care if Reddit’s CEO caves in, just so long as Reddit doesn’t get the large influx of capital to prevent the corporation from achieving any larger impact like Twitter and Facebook did in their respective times.

The secondary marketplace to sell your Reddit accounts to bot farmers is very active, accounts are being bought at upwards of $200.

The social bots work just fine inside reddit’s Infrastructure without 3rd party apps and/or API data.

Reddit is going to be just another Twitter for the 2024 US election, where the conversation is managed and directed by bots, but pro-democracy based. When that becomes known Wall Street will act accordingly and Reddit won’t be worth much…