this post was submitted on 18 Jun 2023
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Text is cheap. It doesn't cost a ton of money to run these instances at least not yet, so people can do it as a hobby or with a few supporters.
It does however pay to ask your instance admins what their plans and policies are for moderation, defederating, finances, backups, having a money buffer in case things need to be spun down, and having multiple admins in case of disaster.
The image hosting might cost a bit though. Maybe instances can farm them off to places where storage is cheaper, or have premium membership options that includes image hosting. I would happily pay an instance a small amount to cover the convenience of being able to add images to posts and comments directly.
Sure! Reddit survived for a good long time without their own image hosting though. We'll see how the Fediverse handles it.