Mastodawn

With the news of the secret $100 million investment in Bluesky by Bain, I keep thinking about protocols.

Maybe the perceived "drawbacks" of #ActivityPub are ultimately strengths?

#ATproto handles identity in a way that allows a single sign-in across apps. But wouldn't this make it easier to profile you? Is this why crypto VCs are so attracted to it?

And ATproto has funding in the 100s of millions by VCs but at some point they'll want to turn a profit. There is ZERO pressure here to ensh*tt*fy

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ArchiveScribe

@_elena That pressure to turn a profit is the key. I like BlueSky and have thought to start an account for years, but just never did so. I want any alternative platform like this to succeed, but having a crypto-based investor, not the least one tied to Bain, means it will eventually, inevitably monetize (subscriptions, fees, controlling users, etc.). If that happens, it will be a disaster. If I’m wrong about this, I’ll be happily wrong.