> if Reddit itself has no value, why does every other option suck?
Becuase its a money losing model. Nobody is competing because in Reddit's 18 years of operation its yet to get even remotely close to turning a profit.
The alternatives that have popped up (Lemmy for example) arent even close to being at the same level from a software point of view.
Hosting images and videos has a powerful lockin effect. For example I look to repost things from Reddit and then realise I can't because Reddit is hosting the video. It's additional work to go find the original source and post that.
Becuase its a money losing model. Nobody is competing because in Reddit's 18 years of operation its yet to get even remotely close to turning a profit.
The alternatives that have popped up (Lemmy for example) arent even close to being at the same level from a software point of view.