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Sucking the chubby of ol' capital, that's why.
Again the issue with this being a greed focused business decision has a big issue.
first off reddit just no went public like last year yet the karma and cqs systems were still there before they needed to please investors.
Second reddit didn't have a profitable quarter until 2024
Third how comes no other social media site has a system like karma despite them being dependent on the same capital interest.