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As soon as Lemmy instances are unsustainable out of pure interest for the concept of the Fediverse. I doubt there will be subscriptions, first it'll be donations, and then some instances may have ads. It's an inevitable that both will happen (either on the same instance, or some instances opting for donations to stay up, and others opting for ads to stay up). No one can run the servers necessary for this platform out of pure charity; the bill for the Fediverse is going to be due someday, and it has to be paid.
But it’s sustainable if it’s non profit.
Most third party Reddit users were happy to pay in the range of $5 a month. The reason everything is shutting down now is because they don’t just want to break even, they want profit, and a shit ton at that.
The fediverse makes social media non-profit by default which means that we can all share the cost.
Wikipedia is one of the largest websites in the world and is still non-profit. It shows that it’s sustainable.
But even non-profits have costs that they need to cover somehow. If they don’t, they’re still not sustainable.
You ask for donations. I'm donating to my instance for instance.
That's sustainable for now, because instances are microscope. If at some point in time we expect lemmy to become a mainstream platform for communication with tens or hundreds of millions of users in their respective communities. It will become unsustainable long long before then IMHO (I'm happy to be wrong only time will tell)
The cost/user for Lemmy instances is through the roof, and the grand majority of people will not be willing to make donations. Perhaps awards like what Reddit did is a good option?
What about longevity. Who is going to pay for the storage for the hundreds of petabytes of storage for comment and media history? What about replication between instances? Do you have a retention period and delete history, losing knowledge to time?
I worry :/
Edit:
Maybe I worry too much, but now after Reddit maybe I'm just gunshy and am afraid of finding and contributing to new communities that end up being wiped due to sustainability issues.
I hope this problem gets solved, or worked around in some capacity.