Similar to twitter.
If I go to twitter mainpage I can’t see anything without logging in.
If I go direct to a profile I see can’t see anything without logging and;
If I go to a specific post, I can read the initial post but nothing else.
That’s what I expect will happen to Reddit
A made the mistake of watching YouTube on my TV a few weeks back, without an ad blocker. I was getting 1-3 15 second ads every 2-3 minutes!