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You can pry my GIFs from my cold dead hands.

Aesthetically speaking GIFs have a character that you gotta jump through a lot of hoops to approximate with another format.

In addition to that they function everywhere, always autoplay, can't have annoying audio, and support transparency, these are all important features that nothing else on the 'market' can match.

I'm aware that there is lossless animated WebP with transparency, and I can encode a low-color animation into one of those for something functionally identical to a GIF, excepting the fact that it won't be supported anywhere except a recent Chrome.

If you want a "degraded" aesthetic, nothing is stopping you from encoding a gif, then encoding the gif to a video format. The last stage should be roughly lossless, and the video will still use way less space than the corresponding gif.

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