> you can specify a link to have no referrer : `<a href="example.com" rel="noreferrer">link</a>` , among other ways.
But you wouldn't do that if you want the link to resolve. If you don't want it to work, why would you go to all of the trouble of creating the link in the first place?
They would if the users affected do not impact their bottom line. After all, the whole point of this is to keep out users who are not paying their 'fair share' via Google/Meta by proxy.
But also, the technical solution to bookmarks and small-scale sharing between friends is quite obvious. You don't need referrers to solve that problem.
