I am going to be unpopular for saying this, but from reddits point of view it makes complete sense. Content they "have" is not viewable, so users that make it unviewable need to be removed.

A vast majority of users on reddit just consumes, they don't post. Maybe comments but not actual posts. So by making those users be able to view everything again, they will keep them on the site.

We can just hope that content quality goes down which would drive users away, but thats more a longterm thing.

Maybe the Apollo dev will surprise us and make an app for Lemmy. That might help sway users to try Lemmy.

They are digging themselves in deeper than I expected. At this point, I don’t think I ever want to go back. This is just straight up a middle finger to their communities and contributors.

Good! Reddit mods have too much power. They act like little gods.

To anyone still on Reddit and/or moderates a sub, I would recommend deleting all of your content. Reddit is going to continue making money off of whatever you post, even if it's helpful. If you're worried about preservation, submit your content through an archiver. Don't let them continue to make money off of you when you are not valued. Down with corporate overlords.