The problem with hosting your own instance is that you can’t create a community in another one.
And since they are a central aspect of Lemmy, your experience can still suffer if the instance with one of your favorite communities goes belly up.
Ideally communities should be fully distributed (i.e. not tied to a specific instance) to avoid these issues. Unfortunately, that would lead to its own series of challenges.
The problem with hosting your own instance is that you can’t create a community in another one.
And since they are a central aspect of Lemmy, your experience can still suffer if the instance with one of your favorite communities goes belly up.
Ideally communities should be fully distributed (i.e. not tied to a specific instance) to avoid these issues. Unfortunately, that would lead to its own series of challenges.