What we don't like:
All it takes is for one social media giant to come out with their own social media currency and the game is over. We are actually in the beginning phases of seeing this play out.
What we like:
If Reddcoin is successful, it will move cryptocurrency into the mainstream. If it manages to garner partnerships with large social media companies, then implementation can mean a very large boost in value for this coin. Not to mention it brings the 2.0 web apps into the 3.0 blockchain atmosphere of the future.