Please indulge a few shower thoughts I had:
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I wouldn’t worry about Lemmy having as many users as reddit in the short term. Success is not just a measure of userbase. A system just needs a critical mass, a minimum number of users, to be self-perpetuating. For a reddit post that has 10k comments, most normal people only read a few dozen comments anyways. You could have half the comments on that post, and frankly the quality might go up, not down. (That said, there are many communities below that minimum critical mass at the moment.)
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Lemmy is now a real alternative. When reddit imploded Lemmy wasn’t fully set up to take advantage of the exodus, so a lot of users came over to the fediverse and gave up right away. There were no phone apps, the user interface was rudimentary, and communities weren’t yet alive. Next time reddit screws up in a high profile way, and they will screw up, the fediverse will be ready.
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Lemmy has way more potential than reddit. Reddit’s leadership has always been incompetent and slow at fixing problems. The fediverse has been very responsive to user feedback in comparison.
But even if I’m on my instance, lemme.ee, and LW is down, I’m not going to see anything from that instance. Which is where the most activity is. So I might see the same link for an article locally, with two comments, and no interaction from the instance with 300 comments.
I mean, eventually other instances will grow, but then they will face the same problems as Lemmy.world.
While world is down, you can still read everything that was posted and federated before it went down on other instances. It’s not like you suddenly don’t have anything to read (unless you are on here 24 hrs / day).