this post was submitted on 17 Oct 2024
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“Vote with your wallet” means more money gets you more votes.
Some users leaving Reddit/instagram/twitter is not a problem, especially considering network effects, but some advertisers leaving is a crisis.
I think you misinterpreted the phrase. "Vote with your wallet" means that if you're unhappy with a product/service, you stop using/paying for it.
This is the basic idea of capitalism. The more capital you have, the more say you have in directing the meas of production.
Some people have so much capital, they can singlehandedly decide that thousands of people are going to work on some space launch company, for example.