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Author Topic: Reddit's Crypto Currency  (Read 1009 times)
techguy
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October 01, 2014, 04:49:43 PM
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Does anyone has the announcement thread for Reddit coin / the coin they are going to use for this ?

http://techcrunch.com/2014/09/30/reddit-scoops-up-50m-series-b-from-sam-altman-a16z-sequoia-at-500m-valuation/
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KJBit
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October 01, 2014, 07:43:19 PM
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I don't see the point to this. Why does Reddit need to invent a new cryptocurrency. Are they too good for Bitcoin?
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October 02, 2014, 05:11:00 AM
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I don't see the point to this. Why does Reddit need to invent a new cryptocurrency. Are they too good for Bitcoin?

They already have Reddit gold which worked awesome for them. They are going to use Bitcoin protocol as in any case that is perfect for them.

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October 02, 2014, 03:28:57 PM
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Will be good if it helps further popularize crypto currencies in general.
I don't think that is going to happen though. Most reddit users will be already exposed to the idea of bitcoin and crypto currencies, even if they don't use them actively.
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October 07, 2014, 01:56:27 PM
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Does anyone has the announcement thread for Reddit coin / the coin they are going to use for this ?

http://techcrunch.com/2014/09/30/reddit-scoops-up-50m-series-b-from-sam-altman-a16z-sequoia-at-500m-valuation/

Another pre-mined BS which is against the basic concept of de-centralization. From Reddit's angle, they're under dead pressure to make money. Details: http://www.businessinsider.in/Reddit-CEO-Admits-Were-Still-In-The-Red/articleshow/21148326.cms
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October 07, 2014, 02:55:18 PM
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whatever happens to the coin but one thing is sure that Reddit will be making good money out of this .
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