Reddit is an awesome platform. It has a plethora of great information, a massive user base and a democratized platform (somewhat).
But there are two drawbacks to the platform that have pushed me to steemit and hive, barriers to entry and no monetary reward.
Barriers to Entry.
About 2 months ago, I posted this post on reddit ‘personalfinance.’ I received 425 upvotes in the 1st hour with 91 comments, and then the moderators removed the post. The reasoning they gave, because it was a “Success Story.”
What bothered me the most about that was the moderator’s detachment from the readers. The readers obviously gave the post value, the moderators thought differently. In a “democratized” platform, I found this “detachment” unreasonable.
Even then, being successful in finance should be the mantra of personal finance. And the moderators have made it a policy to downplay financial success. The funny thing is, I didn't mean for it to be a success story. I meant it to be a cautionary tale, lol. Plus, if the endgame is not financial success, why are you learning all of this finance?
No monetary reward.
The barriers to entry made me think. I originally posted this post on reddit because I wanted to help people, by learning from my mistakes. When the moderators prevented that. I asked myself, what other value does posting on reddit bring? Making friends, which is nice, but wasn't enough. The only other value was monetary, but reddit doesn't do that. What other platforms do? Steemit and Hive. So I made the transition.
In Conclusion.
The barrier to entry was the most significant reason to leave reddit, and the monetary reward was just the icing on the cake. There have been other barriers to entry issues, but this post was the "straw that broke the camel's back" for me.
I want to give thanks to @crypto.piotr for giving me the idea to write this post.
Stay frosty people. Thanks for reading.
Credit for image:
https://pixabay.com/vectors/reddit-snoo-masked-covid-5095703/