this post was submitted on 17 Feb 2024
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That's ignoring an awful lot of other considerations. Obviously Reddit hasn't explained itself in a trustworthy way, but a common belief at the time is that it was to force people to use the official Reddit mobile app so they could be subject to advertising.
At the time? It was spelled out in their announcement 10 months ago.
That spells out what they were doing. It doesn't explain why they were doing it.
Boot licker.