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  • cryptOwOcurrency@kbin.social
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    1 year ago

    (part 2 of 2)

    This kind of direct community intervention is completely unprecedented in Reddit’s 18 years of operation. Reddit has historically had a very laissez-faire approach to their communities, letting their communities themselves - represented by their community moderators - dictate what they want the content of their communities to be, and how they want their communities to be run. They’ve held this laissez-faire attitude even to a fault, letting the top mod of each subreddit unilaterally dictate subreddit rules and unilaterally add and remove other moderators, even at the protest of their community. A great example of this was when the /r/bitcoin community wanted to remove theymos as a top moderator due to his wildly unpopular community policies - Reddit Inc did nothing. Of course, that’s all flipped on its head now. Reddit is no longer a host for independent communities run by individuals - it’s a host for one big community run under the discretion of Reddit Inc, where ownership of “your community” is a privilege that can be taken away unilaterally at the whims of Reddit Inc without recourse.

    I foresee a time before too long, perhaps within the next few years, where the /r/ethfinance moderators will have to face a similar choice - whether to side with the desires of Reddit corporate, or whether to stand by the desires of the community, be permanently banned from Reddit, and be replaced with Reddit’s own hand-selected moderators.

    With ethfinance, of course, the divide between the community and Reddit Inc will not be a divide of SFW/NSFW, because that’s not this community’s style. It will be a divide over the heart of what ethfinance means to us. Perhaps it will be the inability for communities to opt out of Reddit community points, causing ethfinance to drop in quality due to points-chasing in the same way ethtrader did. Perhaps it will be the discontinuation of old.reddit.com along with the incessant enshittification of new.reddit.com and the official app. Maybe it will be site-wide automod deletion of external links (in the style of YouTube comment automoderation), removing a crucial information-sharing tool from this community.

    Whatever the divide is between ethfinance and Reddit Inc, it will stem from this community’s desire to just be left alone to do our own thing, in conflict with Reddit’s desire to step in to make changes to the community to increase their own ad profits (because shortly, they’ll have public shareholders to answer to!) And Reddit Inc is the one with the keys to the server rack, so ultimately, whatever they want to do, they will do. Just one of the perks of running permissioned forum software on top of a permissioned database.

    I share this because I truly believe that at some critical mass of platform enshittification, the “magic” of this community will leave /r/ethfinance and go somewhere else, just as it left /r/ethtrader to go to /r/ethfinance all those years ago. And it’s important to keep your eyes and ears open, because wherever the magic goes, so will follow the alpha, the good friends, the counterculture that makes ethfinance such a fulfilling and worthwhile place to visit.

    Finally, a parting meme to make light of Reddit admin logic:

    https://i.imgflip.com/7sz8kv.jpg

    • refugeddit@kbin.socialOP
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      1 year ago

      ethfinance is the first community that I actively participated in. It was the sole reason I had a reddit account. With the API changes, I have not used my account at all since then.

      I do believe each individual can make their own decision regarding this. Sadly kbin is not that well developed UX wise, but I think this can be a catalyst that changes that soon enough.

      Eventually I think we will be moving away from reddit if nothing changes. To where? still a mystery to me. I am in favor of platforms that have downvotes though.

    • anon@kbin.social
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      1 year ago

      Excellent write up, and thank you for taking the time to x-post it here.

      I sorely miss /r/ethfinance but haven’t touched my Reddit account since the Apollo shutdown, and don’t intend to. I am enduring the worse UX here on kbin until things improve (I have high hopes for the Artemis app).

      Hopefully we can make this place more attractive by the time Reddit’s downward trajectory eventually collides with /r/ethfinance the way it has with other subs (as your /r/dndmemes example showed).

      • pdqcp@kbin.social
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        1 year ago

        KES has been released, similar to Reddit’s RES. I haven’t tested it myself yet, but it might help with UX

      • anon@kbin.social
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        1 year ago

        I assume your sigh comes from caches.xyz not getting traction as an alternative to /r/ethfinance, before or after the great Reddit migration. I’m sure that must have led to some introspection (not about you, about the site itself). May I ask, what do you think are the reasons caches.xyz did not take off in adoption?

        • jbm@kbin.social
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          1 year ago

          Oh no. Not for Caches. It’s doing fine. A lot of activity on the site you won’t see unless you have the right NFTs. Admittedly the public groups and forums lack engagement. I suppose I did fail at attracting my own community tho… I sigh because I’ve been trying to warn everyone about this exact scenario for several years now. Unfortunately no one listened, or maybe no one cared. I dunno. Done thinking 'boutit. I do know it was inevitable tho. I’ve seen it a dozen times with my online communities before. Now everyone is scrambling around trying to figure out what to do. Sigh… A legit attempt was made on my part at least. I tried harder than I ever have before to save this one at least…