Reddit is currently facing turmoil as its moderators and communities protest against planned changes to the site’s data access policy. This has led to an unlikely alliance between Reddit and its cryptocurrency communities. The protests began on June 12, with over 7,000 subreddits going private in response to Reddit’s decision to charge third-party developers for API access. Developers are concerned about the costs and the potential end of third-party apps accessing the platform’s data for free. Additionally, the elimination of third-party applications raises accessibility concerns for moderators with disabilities. Reddit has assured an exception for apps developed for users with disabilities, but many moderators are still unhappy. Despite the protests, some crypto-related subreddits did not participate in the blackout. The protests have led to an increase in activity on Twitter and Discord. Reddit CEO Steve Huffman’s response to the backlash is to consider allowing regular users to vote out moderators. However, this has been met with skepticism. The changes to Reddit’s API are set to go live on July 1, and the company has promised to provide further updates. The ongoing debate highlights the importance of Reddit as a space for cryptocurrency discussions.
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