The fact that we're reading and commenting about it on Lemmy is satisfying, despite the sadness of the situation. It's like watching the city burn after you moved away and saying "wow, I guess I really took the right choice by leaving."
Wild. I wonder how bad reddit will be in a few years.
If you think it's bad now, It's not even publicly traded yet, and we've all seen how money grubbing being a publicly traded company can become.
"Make line go up no matter what" 👀
old.reddit is probably going to be on the chopping block, too. I only go for niche communities these days, but I'm gone for good once old.reddit is gone.
Anyone can buy stock, but to short you need to get approved for a margin account and you need to put up some collateral. Those are two big barriers that are going to block many Redditors in WSB from shorting.
But Huffman, who cofounded Reddit back in 2005, also boasted that Reddit is different because it is “free from the airbrushing and filters of social media” and criticized what he sees as over-the-top meddling in online discussion.
