Edit: obligatory explanation (thanks mods for squaring me away)...
What you see via the UI isn't "all that exists". Unlike Reddit, where everything is a black box, there are a lot more eyeballs who can see "under the hood". Any instance admin, proper or rogue, gets a ton of information that users won't normally see. The attached example demonstrates that while users will only see upvote/downvote tallies, admins can see who actually performed those actions.
Edit: To clarify, not just YOUR instance admin gets this info. This is ANY instance admin across the Fediverse.
There's a huge difference between what I choose to put out in public vs. data that's being collected on me just by browsing the site.
Saying "it's just the world we live in" is just an excuse to ignore the real issues. It is more crucial now than ever that we create a system that's by and for the people, not Big Tech and governments.