Reddit said, not six months ago, that they weren't going to ban anti-vaccine rhetoric. The lead admin stated: "We appreciate that not everyone agrees with the current approach to getting us all through the pandemic, and some are still wary of vaccinations. Dissent is a part of Reddit and the foundation of democracy." [0]

When you combine this with the fact that moderation on the site is unpaid, it's literally a land mine: anything done on it is open to litigation, and all of the counter-measures are "we rely on unpaid volunteers." It's a nightmare for a public offering, really. It'd be like investing in Facebook, except if Facebook's stances were "well, vaccination is a choice" and "we can't pay people to remove inappropriate content; we just rely on unpaid volunteers for that."

Reddit has effectively monetized outrage in a way Facebook could only ever hope to: instead of primarily presenting your friend circles, and the outrage there, Reddit presents the outrage of the social media cloud itself, weaponized in the form of upvotes. The worst part of browsing Reddit is the level of smugness you see around its users: they act like Instagram/Facebook is the worst parts of humanity, while actively engaging with a different corporation selling the same thing but more effectively.

0. https://www.reddit.com/r/announcements/comments/pbmy5y/debat...