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I don't like it but Reddit will win in the end. Mods will he ousted and in a couple of years no one will remember this.

Why? Because network effects are stronger than outrage. The CEO is right in thinking he holds the winning hand because he controls the platform the network is built on.

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Maybe he owns the technology that powers reddit, but he does not control the community. Social media platforms have fallen before. Reddit only gained traction after Digg fell.

For Reddit to crash there needs to be a viable alternative that the community can jump to quickly before collective amnesia sets in.

Also, lazyness is always a huge factor. It's will always be easier to just stay and so most will.

The power users have found their community through Lemmy or Discord.

Maybe Lemmy is not for everyone, but 10 years ago you could have said the same thing about reddit.

Reddit just became much less cool, and lost the last vestiges of its 'open' and 'free' image.

This is actually a huge problem for them - the general discourse on Reddit reflects values that the company clearly no longer holds. They're not as entrenched as they seem to think they are. Reddit produces zero content.

Reddit is just a forum host who's pissing off its users.

Look at what happened to Digg. Digg "won" in the end, but people moved elsewhere (actually, mostly to Reddit).

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