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A Reddit killer would run into the same problems as Reddit.

Greedy fucks who just want to make money, insane moderators, the government who doesn't want you to host hate messages.

In concept, the threadiverse (Lemmy/kbin) should be able to overcome a few of these. In practice, we have yet to see

The only way is a truly decentralized system, but that’ll never happen. As long as someone has to pay to host someone else’s content, we run into problems.

Yes I've learned over the years to always ask: where does the money come from.

Sure a small hobby forum can be funded out of someone's pocket but something the size of Reddit? Not a chance.

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