For example... let's talk about The_Donald, shall we? (inb4: I'm not from USA, "Trump" and "Biden" for me are just "some leaders from some tacoland", so I'm not emotionally attached into this matter.)
Some users were protesting that The_Donald should be banned on the grounds of hate speech. Some said that it should be allowed to exist, for the sake of free speech.
What did Reddit do? Quarantined it, showing that it doesn't care about hate speech _nor_ free speech, while paying lip service to both. And using a bullshit reason to do so (a single post encouraging people to beat cops, or crap like that.)
Why doesn't Reddit outright tell its users its values? Why is it always lying? Why does it put a CEO to disdain the community, with a "we snoos" (something redditors never use)? A: because it doesn't fucking care about its users. That issue predates the 3rd party apps killing, and it will postdate it.
By the way: there are talks that Reddit might finally implement limits on how many subs a mod can moderate. An old request from people concerned about power mods. Why now? (A: because it happens to align with Reddit Inc.'s interests - userbase be damned.)
I'm fucking glad that I've migrated.
[[And the fediverse is nice, the fediverse is great, but if you're a Reddit user and can't stand the fediverse: migrate elsewhere. Don't stay in that sinking ship.]]