Sometime this month, Reddit will go public at a valuation of $6.5bn. Select Redditors were offered the chance to buy stock at the initial listing price, which it hasn’t announced yet but is expected to be in the range of $31-34 per share. Regardless of the actual price,
I was thinking about this the other day. We might have to move to a whitelist federation model with invite-only instances at some point.
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It’s a trade off that we’ll probably have to take unless we want to deanonymize the internet.
I don’t think that’s a perfect system anyway though, spammers could create a massive tree of fake accounts and just only use a small proportion of them for spam
Use a number of compromised user accounts to set this up and it becomes a nightmare
Most of the internet is made up of echo chambers now even though anyone and everyone can access a majority of it. I don’t think being selective in who we allow into communities worsens the pre-existing echo chamber issue. If anything it may help to be more selective. It can sometimes be impossible to tell the difference between trolls, bots, and real people, so I feel like we assume every person we disagree with is a troll or bot. The issue with that is that we may be outright dismissing real opinions. In theory, everyone in a selective community is a real person who is expressing their true thoughts and feelings.