That is exactly the reason. The idea is to let someone else hold the bag, and “oh well” if they figure out they paid more for it than it was actually worth.

I have to wonder how much Reddit will actually be worth when it’s just the site of cat pictures and crappy memes. The quality of Reddit dropped significantly when they changed all the default subreddits, this is going back to the days when “old reddit” was “normal reddit” (around that era).