Money is not entirely meaningless, but I am beginning to think it’s less tangible than my Facebook friendships. First Facebook announced that it was issuing its own credit card, then Amazon concocted its own Kindle coins, and now Reddit has announced it will be accepting Bitcoins for premium service. I need an app just to maintain the copious varieties of currencies that have flooded the interwebs.
What exactly can you purchase with Bitcoins? On Reddit, Bitcoins are worth perks and privileges. For $3.99/mo, users can eliminate ads, save comments, and view more comments per page. There are over 200 million USD worth of Bitcoins in circulation, and its value has doubled since the beginning of 2013 from $13.50 to over $27.00 (USD). This trend is likely to continue given the influence of Reddit users on politics and technology.
Naturally, Redditors are already using Bitcoins to fund on-line stripping. Users are posting partially nude photos along with their Bitcoin account where tippers can send Bitcoins to encourage more stripping. This only goes to prove that sex, money, and the internet will be constant no matter which currency you choose.