The Reddit Protest Explained (From Reddit’s Perspective)
3% Deposit Bonus - Lock In 7.02% Yield
https://www.silomarkets.com
By now, I’m sure you’ve heard about the Reddit protests and blackouts but what exactly is going on with Reddit? Why are people protesting and why did the protest fail? Well, the core of the protest boils down to the pricing of developer tools that help third-party websites and apps integrate portions of Reddit into their own platforms. Till recently, accessing these developer tools was completely free but in April, Reddit announced that they would begin charging $0.24 per 1000 API requests. In the grand scheme of things, this isn’t a ridiculously high fee for API requests, but for many of the third-party platforms that relied on these tools, this is an unfeasible rate. In an effort to fight against these price hikes and prevent these other platforms from shutting down, many Reddit communities decided to go dark to spread awareness and fight back. But, despite their valiant efforts, Reddit never backed down and these various 3rd party platforms are still set to shut down at the end of June. This video takes a deep dive into the Reddit protests and why the Reddit protests failed.
Earn Interest From The Government & Top Corporations:
(iOS App for US Residents)
https://www.silomarkets.com/waiting-l...
Free Weekly Newsletter With Insiders:
https://ppnewsletter.substack.com/
Socials:
/ hariharan.jayakumar
Discord Community:
/ discord
Timestamps:
0:00 - Blackouts
1:29 - What’s The Big Deal
4:34 - Shots Fired
7:48 - The Battle Begins
10:55 - The Unceremonious End
Resources:
https://pastebin.com/AZpPZqa3
Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
https://www.silomarkets.com/disclosures
Watch video The Reddit Protest Explained (From Reddit’s Perspective) online without registration, duration hours minute second in high quality. This video was added by user Logically Answered 26 June 2023, don't forget to share it with your friends and acquaintances, it has been viewed on our site 37,047 once and liked it 2 thousand people.