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digdug · 3947 days ago · link · · parent · post: Mt. Gox and Bitcoin users: remember, remember the 3rd of October (2008)
Effectively correct. When you upvote, you give the writer a penny. (You can also tip them if you want to give them more.) The idea is to reward content providers who give value. There are all sorts of other tools in the site, some of which reddit doesn't have I believe (e.g., mods can run contests that give out karma which then turns into money, you can move communities within other communities, you can choose your own karma types). One might question the validity of your last statement though. After all, what's more stupid - posting content for upvotes that give you nothing or getting upvotes that are worth something? As a writer myself, I know which one I prefer. But enough about that. Did you like the article?