I think the title speaks for itself.
EDIT: UPDATE: So apparently the former r/jailbait mod that is The CEO purged the sub’s mods and forced the sub to re-reopen under the old rules.
Mission failed! We’ll get them next time!
EDIT2: aaaaaaand the sub’s archived and no longer accepts new submissions. The garbage fire keeps going…
This is what Reddit forgot. They don’t implicitly provide any value, it’s the community that provides the value. Reddit is just the place where people happen to post.