"Each user has an app, the reddit app, which connects to the reddit p2p network. For most users, the app is a normal web app. Each user funds their own app with a small amount of bitcoin. In order to download content"<p>I imagine they also baked in some sort of percentage that Reddit will get on top of the transaction for managing it. It's a way of sneaking in a way to make money and I seriously doubt it would have worked.<p>To me, Reddit is pretty much worthless in terms of dollar amount. They copy links from all over the Internet, which pretty much anyone can do.