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RE: Reddit releasing blockchain-based tokenization with "Community Points" - detailed breakdown
To some extent I agree, except that Reddit is more established and the groups are huge in some cases. Much like the difficulty steem had in getting users to relocate from fb, the 'first mover advantage' is likely to stifle decentralisation on Reddit. The bottom line is that decentralisation doesn't work unless either: a) the system is totally new and it's users are empowered to a similar degree. or b) the users are alert, awake and empowered enough to know that they need to support free speech and be willing to build their own spaces if needed.
Maybe the current covid1984 situation will inspire more to do option b!
Let's be realistic, almost all people don't really care about being alert, awake or empowered. They just want a convenient, easy-to-use platform where they can share their thoughts/content and have a good time engaging with others. In fact, moderation by removing shitposts and illegal content can actually enhance their enjoyment. It's only when censorship gets so heavy-handed that it gets in the way of usability of the platform that it becomes a problem that even the mainstream will act against. There are some rotten subreddits, I'm sure, but most of the ones I'm aware of are fair with their moderation.
It's not until you share 'controversial' content you will find out just how 'sensitive' and controlled some topics are across the board.