I will never understand how Reddit bungled this so badly. I'm no Harvard MBA, but here's an easier way out – instead of asking small-time app developers to pay millions, put API access contingent on the account subscribing to Reddit Premium. That way users get to keep the experience they enjoy, independent developers can keep doing their thing, Reddit gets to make up for the lost ad revenue in the form of subscriptio…
I’m not saying that Reddit handled it well. Buy your option doesn’t seem to be any better.