What does Reddit's core functionality cost? They have annual revenue of half a billion dollars. Tell me that you can't use that money to run a text distribution infrastructure.
I doubt Slashdot in its day cost half a million dollars to run.
Usenet cost was distributed to ISPs, which eventually sank it as they lost interest. And it never solved the moderator conundrum; at one point, a third of Usenet was spam, and another third was "spam cancels" deleting the spam.
What does Reddit's core functionality cost? They have annual revenue of half a billion dollars. Tell me that you can't use that money to run a text distribution infrastructure.
I doubt Slashdot in its day cost half a million dollars to run.