Funny enough, Reddit deleted the sticky list of Reddit alternatives at /r/RedditAlternatives. https://www.reddit.com/r/RedditAlternatives/comments/hib1oj/massbanning_superthread/fwf4b0h/
It was about time for reddit's bi-annual "let's pretend we give a shit about hate speech," yes. Also, noted shitheel Stefan Molyneux got banned from YouTube, which is nice.
It's definitely an empty gesture, complete with banning a few rude but innocuous left-wing subs so they can say they're just neutrally enforcing the rules. Still, the_donald going from untouchable to getting banned as an empty gesture says something about the context beyond reddit.
It's been a long time coming, ever since they quarantined it. The main thing they learned from the /r/fatpeoplehate debacle was not to suddenly ban a popular subreddit. Now they've proven that if they starve it for months first until it become basically inactive, they can avoid the massive user uproar they saw then.