Comment by yjftsjthsd-h
4 years ago
> Reddit is roughly HN's age, and you can see that with the introduction of VC money and profit goals, they've shifted towards discouraging anonymous logins.
And what, you think they'll be okay with anonymous users if those users log in with web3?
If they log in with a crypto wallet, that massively reduces the friction of making payments, which is all that investors want.
Reddit wants users to be somewhat identifiable in order to play to advertisers. However if people start buying and selling goods on Reddit itself (e.g. subscriptions to private subreddits), the company wouldn't have to rely as heavily on advertising.