Seems interesting, UX could be a lot better (Logging in via jerboa app is hidden behind 2 seperate menus for example).

Main issue is lack of content so far but honestly that is probably just me learning how to use it and subscribe to what I want. 3 pages deep into "Hot" and about 2 of those pages consist of posts from one....instance? Sub Instance? whatever we call them :D

Also probably my own limitation for now, but the constant refreshing of pages is annoying, if I stop to read a post and go back, everything scrolls automatically, depending on time spent on post I could completely lose where I was.

Overall, I unfortunately think its not a threat to Reddit in its current state, it takes too much effort to understand what is going on for most people and even if the features I complained about above are avoidable it should not take effort or experience to figure out how, but I will stick around anyway, as it seems fun. I would think a lot of users will migrate back to Reddit after the blackout.