That’s the best description of reddit I’ve ever seen both past and present, and you’ve completely bypassed all of the usual sayings about reddit in the process. I applaud you! Now where’s that Lemmy gold thing…

On a side note, an actual financial implementation of Lemmy gold would probably be a really good feature to drive donations to hosts. I’d imagine the implementation as the user donates to their host and receives a configurable amount of gold to give as a reward for donating. That gold is entirely tracked by the instance their account is on, then when they gift gold to a user the receiving instance just receives notice that gold was given, similar to an upvote. Then to filter for bad actors instance admins can whitelist/blacklist instances from giving gold to their instance, and probably also make it possible to see which instances a user’s gifted gold came from as a layer of transparency to help spot bad faith instances that give free gold or too much gold or whatever.

I could also see an extension where a portion of the gold’s value is transmitted to the recipient via cryptocurrency (about the only thing cryptocurrency is actually good at, peer to peer online transactions) but that has way too much opportunity for abuse. Maybe that can be done manually by admins to help ensure a fair dispersal of gold funds? Still overcomplicating and introduces a ton of opportunity for abuse though