This is a very interesting summary of the inner workings of reddit and the many hidden tactics that are at play. It really drives home some of the key usps hive has as a content and social platform.
Why do you think people accept the status quo?
What is still so much more attractive to the masses about such an exploitative platform? Is a free, transparent, open and decentralised platform enough to turn the dial?
It will most likely require more users and we also need to figure out a solution to people just being able to share content/links without it creating rewardpool drama. In the early days of Reddit everyone was talking about Reddit too similar to Hive, that's something that caused me to stay invested here and spend most of my time thinking it will eventually get to the point where Reddit is at today. With public blockchains and everything being transparent there's some other disadvantages but they surely outweigh the disadvantages by a lot and make it more fair for regular users. By the looks of it Reddit won't have a first layer coin either like we do with Hive, they're straight going into 2nd layer tokens which I fail to see why people would want to buy them/speculate on them right now.