I am more inclined to believe that a lot of people are dumping their donations right now. Listen to a few podcasts that rely on it, and it will be clear.

I know that my patreon subscriptions are unfortunately the first to go of all my expenses right now. I only do them to inspire certain creators to keep going, but in some cases I don’t even listen to them or use their stuff anymore, I just liked donating so they could do what they love. But when things get tight, I have to survive first.