His issues are that he misses the cultivated nature of Reddit. Reddit didn't start out cultivated, and took time and effort by volunteers to figure out it's identity. The same thing will happen with the fediverse. It will get cleaned up and streamlined as people put in effort. People look at a lump of carbon and say it's worthless, but with time it becomes a diamond.

Some people only see the value of something in it's present form and miss out on potential. The fediverse has a lot of potential so long as it is active. It's open nature will bring in freelance development help and it could very well become BETTER than what reddit was. Keep the faith