Voats problem wasn’t engagement. It was literal nazis.

They tried to prop up a thin veneer of legitimacy but at some point they just stopped caring. The front page became blatant “kill all [whatever]” type posts. That’s when engagement completely collapsed.

Lemmy has some clearly in bad faith instances which are probably run by nazis. Federation seems to be doing its job of resilience.

It’s predicated on baby boomers not having hard times. There’s no basis in reality. Not unless one were to believe baby boomers are all predominantly white upper middle class. Not to mention one must believe history was all sunshine and rainbows until their generation (millennial/zoomer/whatever) came into existence.

Do they really think people just walked right out of high school into wealth from the career factory? This is basically the privileged upper class. Which is the top percentage of their generation. Guess what? Everyone else had it hard!

So much of current day pop culture “boomer bad” stuff is based on these stupid notions. I wonder how people are going to rationalize when baby boomers are all dead and the class war still exists. I think some younger people are in for some serious cognitive dissonance ahead.

Apart from people parroting these things. Those who actually have those well off parents are admitting their own privilege. The parrots are too entranced to realize they’re worshiping their own oppressors. The upper class. They don’t know they are the cannon fodder in the cycle of hard times, revolution, and renewal.

I think a quirk of reddit is that conventional finance doesn’t account for its value. Reddit in and of itself just operates a barebones site as the article says. While the site itself is ostensibly worthless. It has had incredible amount of value to those using it for commercial and political purpose. Nation state actors too even (cougheglincough). These days what organization isn’t using or trying to use reddit. Such things don’t appear in financial statements. I think they’ve been propped up with funding for so long because its a nexus of zeitgeist. There are enough organizations who it is useful to such that it’s better to keep reddit alive rather than risk having to establish their dark presence on new competitor platforms. I suspect spez knows he has everyone by the balls too.