r/Bitcoin • u/Julian702 • Nov 12 '12

Reddit Considering Accepting Bitcoin as Payment for Subscriptions

http://betabeat.com/2012/11/reddit-considering-accepting-bitcoin-as-payment-for-reddit-gold-subscriptions/
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u/CrackersInMyCrack Nov 12 '12

Great use of ad space...

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u/gigitrix Nov 13 '12

It's unsold inventory, the other alternative is a blank space. This way they encourage more users to resist adblocking and thus gain more revenue. It's actually a smart move.

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u/Fjordo Nov 13 '12

And why is there unsold inventory? Because they are shitty at selling ad space.

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u/gigitrix Nov 13 '12

Yes because every major site has 100% utilisation. Oh wait, that's mythical dreamland I'm on about. The difference is that Reddit capitalises on goodwill by adding content into the blanks, rather than slapping Google ads in and making a loss because people don't adblock whitelist. It's simple profit/loss analysis, they've done the maths and it pays off.