Think about things from the point of view of someone who has never used Reddit or the fediverse, but you've heard about them both from recent news articles and want to see what they are about....
Even with the donations I doubt there's that much of a profit to being made. Servers are expensive, and there's no way that servers are the only overhead that ernest is dealing with.
Fediverse won't replace Reddit as long as Lemmy is the main platform being promoted ( kbin.social )
Think about things from the point of view of someone who has never used Reddit or the fediverse, but you've heard about them both from recent news articles and want to see what they are about....