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Looking for a Reddit alternative? Lemmy tell you, they currently kinda suck
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Thing is, people looking for a Reddit replacement are going to be in some way disappointed, since part of the idea of developing a new system is to avoid the things that made Reddit turn terrible. The sad truth it Reddit is probably too big for its users to just leave, but maybe they will financially just crash since their efforts to become profitable aren't looking all that effective.
I agree. While some users are able to leave the platform, most will stick around - but as you mentioned, they will definitely struggle financially.