Is contributing to Wikipedia a waste of time and energy for the contributor, given Wikipedia's bureaucracy?

If it's not a "bureaucracy", then what do you call it when watchlist watchers revert edits they don't agree with at sight? What's a better term for that?

Sometimes it feels that way when some twerp puts "citation needed" after every single sentence. Even generally recognised facts get this idiotic tag sometimes.
Even the Encyclopaedia Britannica doesn't have a reference for every single statement. Wikipedia is policed by anoraks.

Wikipedia does not have a bureaucracy - it has thousands of people of people with more time than you have who sit watching their favorite page and change it back it you do something they don't like or break an obscure rule.

I have definitely wasted last two three months. They blocked me because my IP address was *similar* to someone they already had banned. I have tried to contact them multiple times but everything has been in vain. Now I make minor corrections as I read as an anonymous contributor.

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