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

@_elena Crypto VC's are attracted to it because it actually provides some excuse for their product to exist. The blockchain has some interesting properties that make it a reasonable answer here.

And yeah, the point is actually to build a profile. It wouldn't just be something that is made from the different sites you visit without your knowledge. You'd build it yourself. All your accounts linked up and people can see that.

I like the idea but want compartmentalization.