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This is what gets me. Christian Selig pointed out in a number of interviews that Reddit could have easily made this work without alienating a huge segment of their user base. I get this vague feeling lately like CEOs are intentionally trying to tank their products, because no one so well paid could actually act so dumb.
I starting using Reddit in 2010 or so when I was going through health issues and was looking for information. I became very active on Reddit over the years, occasionally helping to mod a couple of communities. I am not a hugely “online” person, but I loved Reddit as a source of information and advice from actual real people. Particularly for those of us living with chronic health conditions, Reddit in particular was hugely important.
But I don’t use Reddit anymore. The whole API fiasco was the last straw for me, and I also just didn’t see it remaining a vibrant place full of valuable information. So I deleted my accounts and left. Haven’t been back since.