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I can't say I definitely won't go back...I like Lemmy's community better than Reddit's but I'm not sure it'll ever be as popular or as reliable as a source of info as Reddit. I think the Fediverse runs into similar problems to Linux, where it's definitely superior in most ways to the nonfree competition, but that superiority goes hand in hand with inaccessibility to non-nerds. I like Tumblr's community less than Reddit (and Lemmy, Reddit, and Tumblr are the only three social media sites I even find the community tolerable, though I don't have Mastodon because I don't have anyone I want to follow there) and Tumblr has never been useful for searching info.
But let me tell you, Spez's conduct and praise of Elon Musk is what has me considering not going back. It's just...he tried to act on the pulse of the userbase and failed spectacularly. Also hearing that Reddit is a noticably higher percentage assholes after the protests started.
Reddit has gone down-hill significantly. Over the last week most people have been gone while I was hesitant to leave reddit, and I've seen maybe one or two higher quality post. It's gone to absolute shit.
Best part is, reddits solution? Ban moderators and close the subreddit.