Popular news aggregation and discussion website Reddit has changed its terms of service, allowing users to earn, purchase or sell currencies and items that can be cryptographically verified. The change in terms also explicitly outlined a clear separation in the definition of non-tokenized Web 2 virtual goods and tokenized Web 3 virtual goods, with a member of the Reddit product team disclosing plans to sunset the former.
“how we determine property ownership” is a solved problem
“how we determine property ownership without central governmental registry and enforcement” is a problem that arises when you want everything solvable without government at all. then it fails and they rely on other enforcers instead, for example giant corporation that grew in the meantime. it’s all very libertarian