1: based upon your karma earned per week, you get a share of all gold given to your account. They shared only that 100-4999 karma per week gives $.90 per gold and 5000-? gives $1.00 per gold.
This will literally destroy every single community with a deluge of spam. They implied that they had a new spam system but it’s Reddit, so it will be ineffective at best. What, have they been purposefully allowing spam for years to train identification just for this moment?
Research any product on Google and click on the reddit link. Nine times out of ten, the top comment will be added months, if not years, after the original post. It will contain a link to blogspam and somehow have 50+ points.
It's clear that it's just bot accounts. They buy votes and post it so late after the fact because it makes it less likely to be noticed by the mods.
Can you cash out the gold for real money? I doubt it, so it will not be the "poor guy trying to earn some cents" type of spam, it will be the classic redditors trying to farm awards circlejerk which has plagued reddit for a long time