“If a moderator team unanimously decides to stop moderating, we will invite new, active moderators[…]. If […] at least one mod wants to keep the community going, we will respect their decisions and remove those who no longer want to moderate from the mod team.”
I wholeheartedly agree with your statement. But I believe in small steps. I haven’t been on Reddit since the API announcement on /r/Apollo. I won’t be back, I absolutely love the idea of a platform that isn’t owned by someone - in the same way I love an open source project.
Indeed, do not undersell the longterm success of this. Also many gloss over of how unrealiable reddit is as a business towards third parties considering annual contracts in the form of subscriptions for their apps. That was a scummy, if not scammy move, no matter the legalities of it.