On: The dangers of high status, low wage jobs

[csdvrx]

I see two huge reasons: 1. friction and legal issues when it comes to money being send to people 2. lack of a second market for current reddit badges etc.

Now if said badges were say NFTs and could be traded for something else easily, I would agree with you.

[elliekelly → csdvrx]

Isn’t reddit already doing this with NFTs and a secondary market? And I think it’s not working out so great.

Edit: I can’t for the life of me find the link but I swear there was an article posted to HN in the last week or so about Reddit giving mods an exclusive NFT or token of some sort that the mods were then selling for significant sums.

[csdvrx → elliekelly]

> Edit: I can’t for the life of me find the link but I swear there was an article posted to HN in the last week or so about Reddit giving mods an exclusive NFT or token of some sort that the mods were then selling for significant sums.

IDK, but it's bound to happen eventually, one way or the other!

I think we're in the very early stages for something that will change the power dynamics in social media

[bosie → csdvrx]

> legal issues when it comes to money being send to people

how is the mode of sending money the problem here?

[csdvrx → bosie]

The mode is a problem when sending fractions of cents (the elusive micropayments), but the core problem is sending money in the first place.

Giving people that's not money comes with fewer administrative burden - and even less if it's digital.