Coinbase’s migration of past merchants to its new platform will continue through May 31. Assuming Reddit continues to work with Coinbase (and Slowe gave no indication it didn’t want to), it’s likely it will give more clarity on timing by the end of the month.
Reddit was one of the earliest gathering spots for Bitcoin enthusiasts, dating back to when a Bitcoin traded for just a few pennies. Users would often use Bitcoin as payment for the site’s Reddit Gold premium membership program, which lets users disable ads, customize their avatar and access a private subreddit for about $30 per year. The site began accepting Bitcoin as a payment for the perk since 2013.
