pull down to refresh
Well said! Darn near poetry at the end there, sir -- even if it's tragic.
Nor is it going to turn the tide on literacy or clankerless authorship, at least not globally
Saving Reddit isn't very interesting, but turning the tide on clankerless authorship sure is. It may even be the holy grail (for me, at least). It certainly confirms my feelings that working on this weird thing that is monetary moderation is worth the time.
Right. So perhaps my question is: how does one neutralize Cantillionaire Effects (of any form, i.e. fiats/bitcoins, cronies, skills) in favor of quality, in a monetary moderation system?
Personally, I can hardly imagine that an overtone of plutocracy, cronyism or even a technocracy is a desired outcome, despite any of these being a potential outcomes. Maybe I am wrong about that desirability, however, I think that all of these are boom/bust cyclic and deteriorating outside appeal during boom more than appreciating it during bust.
I currently have captured 230MB worth of 5-minute lit snapshots since 2026-09-05T10:20:02Z. Maybe one day it can be of use.
If we can pinpoint more exactly where monetary moderation starts and ends, then we can increase the associated costs too, I think, for us. It's not going to save reddit tho. Nor is it going to turn the tide on literacy or clankerless authorship, at least not globally.
Any effects will be local. Local has a lot of room to grow, but I doubt that it'll ever be mainstream, or even appealing to mainstream to pay more for anything. That's not the economy we live in, because there's no leverage at scale.
Only if you can leverage more will it work. Your entire life, PII, your home and your pension is already collaterized, but maybe your kidney is a good means to get something for free. Then you can move on without effort. Get your free stuff. And use it to get nothing, just like ultimately, no end user truly got anything meaningful from FB, Reddit or tiktok.
The best you could have gotten is disposable fake money.