I'm really enjoying lemmy. I think we've got some growing pains in UI/UX and we're missing some key features (like community migration and actual redundancy). But how are we going to collectively pay for this? I saw an (unverified) post that Reddit received 400M dollars from ads last year. Lemmy isn't going to be free. Can someone with actual server experience chime in with some back of the napkin math on how expensive it would be if everyone migrated from Reddit?
The thing is, Lemmy is decentralized. You don't need to have an account on an instance (server) to use that instance's "subreddits" (communities) - instances communicate their activity to each other automatically, so any instance will do (provided the instances haven't banned each other). It's just like email.
So it's pretty simple to just stop accepting sign-ups once an instance starts to become impractically large. Anyone can start an instance for just the cost of a domain ($10ish/year, or free if it's a subdomain of an existing website) and a server (that random computer you already have lying around will do just fine, for free). And a small instance can do fine on just donations and the good will of the operator.