When i stumble over reddit these days and start reading a comment thread, i almost always encounter this kind of comments, mostly in the most interesting part of the thread:

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It's fucking annoying and frustrating.

This destroys the thing that made Reddit good. Coherent discussions that went somewhere, good or bad.

So, it really is working.

I know that this is the intended effect of erasing reddit contributions made in the past.

Make it so, that they shouldn't be able to sell Reddit's content anymore, because the solutions to problems or the nail biting stories within comment threads are mostly broken and/or incomplete.

Given how Reddit betrayed their user base, this is the way - imo