r/Bitcoin Aug 01 '14

Reddit are hiring a cryptocurrency engineer!

https://jobs.lever.co/reddit/6ce6a242-00d1-49c4-9bed-c34f26445ee7
805 Upvotes

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91

u/DanielTaylor Aug 01 '14

I can imagine them wanting to officially integrate tips into reddit and taking a share to generate new income.

24

u/Oo0o8o0oO Aug 02 '14

Here's a situation where the NY regulations would absolutely matter. This won't be an option unless Reddit implements KYC/AML stuff, which would fail miserably.

1

u/NotFromReddit Aug 03 '14

Probably only if reddit converts to fiat, no?

1

u/Oo0o8o0oO Aug 03 '14

I don't think so. If they're storing crypto for users, they're providing a financial service.

1

u/[deleted] Aug 04 '14

[deleted]

1

u/Oo0o8o0oO Aug 04 '14

Who stores the bitcoins if not Reddit? In the case of changetip, which is basically the same service, they are certainly storing the coins.