The part that is confusing if you don't know Clojure is (->). This a thread macro, and it passes "x" through a list of functions.
So it basically breaks this down into a list of instructions to do to x. You will multiply it by 2, add 1 to it, take 3 from it, then do the modulus by the original value of x (the value before any of these steps).
Clojurists feel like this looks more readable than the alternative, because you have a list of transformations to read left to right, vs this
But that reading requires looking back and forth to read the operator and the operand. The further you move out the more you shift your eyes and the harder it becomes to quickly jump back to the level of nesting that you are currently on at the other side.
So it basically breaks this down into a list of instructions to do to x. You will multiply it by 2, add 1 to it, take 3 from it, then do the modulus by the original value of x (the value before any of these steps).
Clojurists feel like this looks more readable than the alternative, because you have a list of transformations to read left to right, vs this
Which is the most unreadable of them all, to me.