One of the things that drives Reddit as a social media platform is the anonymity.
Once you start tying monetization mechanisms to pay users for content, similar to YouTube or Instagram, you lose the anonymity.
Reddit is already walking the path to destroy everything that made it a different social media platform.
Abbott was the Texas AG and helped re-write legislation that reduced payouts on medical torts almost 30 years after he sued because he was paralyzed by a falling tree.
https://www.texastribune.org/2013/08/04/candidate-faces-questions-turnabout-and-fair-play/