The reason why is to make sure a single entity doesn't hold all the power.

Reddit is only failing because the corporation holds all the power. If we replaced Reddit with another single site, the same thing would happen again. The site would sell out and it would be whored out to advertisers.

On Lemmy, if one site tries to go corporate, people will just move to another instance. The power is in our hands and no corporations can take it away.

Yeah let's just support Lemmy developers maybe?

I mean... This looks exactly like the 90s.