Imagine a version of Reddit that's fully peer-to-peer like BitTorrent, and which relies on small Bitcoin transactions to function. That's something the company was actually considering last year, according to Ryan Charles, Reddit's former cryptocurrency engineer. He was hired by former Reddit CEO Yishan Wong to lead the decentralization project -- a dream that didn't last for long. After Reddit nabbed a huge $50 million funding round, Charles shifted over to a project focused on returning Reddit shares to its users via Bitcoin (which was also killed off). He eventually left the company after just four months. Today, the idea of a fully P2P Reddit remains an intriguing one, especially since it would have helped the company avoid much of the turmoil it's currently seeing.