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Malicious Compliance on Reddit in a nutshell
(feddit.de)
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Agreed that it’s probably not productive for reducing traffic. That being said, I think the novelty will wear off.
Also, this whole situation is just amplifying the protest’s message (landed gentry lol). His 180° decision to threaten the removal of protesting mods just boosts my favorite internet phenomenon - the Streisand effect!
Plus, it may hurt the public offerings - Investors don't like uncertainty, and seeing that the users may at any point completely alter a subreddit could make them skittish