Somewhere between “I want to play sci-fi video games all day,” “I want to invent everything ever,” and “I want to go on a 6-month backpacking trip in the wilderness.”

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Joined 1 year ago
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Cake day: June 14th, 2023

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  • I feel like, at their core, most religions boil down to two things, for most people:

    • Giving you purpose/security/scapegoats (“I’m living a good life so I can go to heaven,” “the Lord has a plan/is watching over me,” “Satan/sinners/demons tempted me”)
    • Dissuading you from inquisitive, critical thought (out of self-preservation, I’d imagine)

    Personally, I prefer to define my own purpose, live a more “dynamic” lifestyle than is traditional, think critically, and question authority. Doesn’t make me “better” than religious folks, in fact they’re probably overall happier than I am. But I can’t imagine living that way, regardless of whether or not I believe in a magical sky Santa who can’t decide whether he loves us unconditionally or whether or not he’s actually omnipotent.





  • That being said, this whole debacle is making Reddit stocks tastier for risk-tolerant investors; The more the valuation plummets now, the more potential it has to bounce back.

    Most likely long-term outcome of this whole thing IMO: The valuation continues to go down for the next several months as the fallout from this API decision and subsequent protests drives away more users and advertisers and generates more bad press. Eventually the internet forgets about it (minus the “power users” who have already migrated elsewhere), and Reddit will wait until well after that for their IPO. Whether before or after the IPO, u/Spez will be replaced as CEO. While that likely won’t change much, it’ll be a symbolic move to say “we listened to the users/investors.” After which, valuation will quickly recover to pre-debacle levels.

    Only question from there is whether the loss of the “power users” was enough to send the site on a permanent downward trajectory. My guess is probably not; plenty of people left to fill that void. Reddit will continue on, as a slightly shitier, more investor-friendly site.