I just posted this in response to a frenetic YouTube video that claimed that the Reddit protest "failed":

Get serious. It was NEVER going to stop the IPO. But it has accomplished something even more important: it has decapitated Reddit. A lot of the most passionate and involved users are gone, and more of them have at least tried Fediverse alternatives like Lemmy and kbin. Have you checked those sites out? They're FLOODED with Reddit refugees, and the communities there are booming! They're active and vibrant, with great discussions and content.

What's more, they have hope. The members there aren't subject to some psychotic money-grubbing corporation; if any one server goes authoritarian, there's nothing stopping the users there from just moving to another. They'll have the same access and functionality. And frankly, the odds of a Fediverse server going corporate and having an IPO are infinitesimal. It simply wouldn't be worth it, particularly since there's no way they could stop other instances from defederating with them.

So the outcome of the blackout has been twofold: First, Reddit has lost some of it's best. The quality of content there is diminished, and will continue to diminish as poor quality drives users away. And second, the Fediverse alternatives have been given a huge boost. Almost all users of Reddit are now aware of the ugly truths that underlie that service, and that there are alternatives out there.

That's not failure. That's the seeds of success.

And by the way, I think that's one thing we can all do to help bring down Reddit: mention the great alternatives out there as much as possible to spread the word. The more Redditors who learn that they don't have to be a product to be sold by the pound for the stockholder class, the quicker Reddit will fall!