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this post was submitted on 16 Jun 2023
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Bold strategy. Let me raise a giant middle finger to the unpaid mods and contributors that have built your site. If they weren't having issues making money, I can't wait to see what happens now.
Twitter have already seen ad revenue plummet because of the shit show that is taking place since the takeover. Bad actors will attempt to take over as mods and the level of moderation will turn to shit. We'll end up with a Twitter clone taken over by alt-right assholes, Crypto scammers and spam.
Reddit will bleed and bleed money.