“If a moderator team unanimously decides to stop moderating, we will invite new, active moderators[…]. If […] at least one mod wants to keep the community going, we will respect their decisions and remove those who no longer want to moderate from the mod team.”
That is drastically overselling our success here.
Reddit will survive this. It'll be a worse Reddit, with slightly more reposts, slightly less OC. Some percentage will move on, and a percentage of that percentage will move here.
If we manage to build communities that have enough people to be engaging, that is a win. We will not kill Reddit, and anyone who believes that needs to readjust their expectations.