@thomholwerda Do I get a Youtube Music or Apple Music Wrapped? Do I get cute video greetings by my favorite and most listened artists?
I wouldn't know because I don't know anyone who uses those services.

Music streaming services don't work exactly like a classical social network, but I think there is a considerable network effect. You want to be on the service that all your friends are using.

@thomholwerda Granted, I don't care that much for 5., but for some people this is important.

Maybe there are good third party services to transfer followed artists and playlists. But afaik there is no way to export my listening history so the suggestion algorithm won't suck.
Last time I tried to export my followed artists to a different service (Songkick) I just gave up as they only import up to 400 artists, which is not helpful.
https://support.songkick.com/hc/en-us/articles/360012492213-Artists-are-missing-from-my-Spotify-import

@thomholwerda Who in the west is going to use Tencent, Netease or Yandex?

Everyone I know uses Spotify. If I was to switch I would lose

1. Shared sessions (multiple ppl controlling player)
2. All my own playlists
3. All the playlists of my friends
4. Playlists by random users that I love
5. Access to culturally relevant playlists, curated by Spotify
6. A feed with all the latest releases from hundreds of artists that I follow
7. Decently trained suggestion algorithm
8. Concert suggestions

@deech Most of Musks wealth is tied up in stocks of Tesla and Space X. He could never sell all those stocks at once without destroying the price of those stocks. What do rich people do in these types of situations? They take on debt, they borrow against those stocks. And they convince other rich people to invest in their ventures, see Musks Twitter acquisition.

Recommended reading:
https://www.forbes.com/sites/johnhyatt/2021/11/11/how-americas-richest-people-larry-ellison-elon-musk-can-access-billions-without-selling-their-stock/

https://www.reuters.com/markets/us/how-will-elon-musk-pay-twitter-2022-10-07/

https://www.reuters.com/markets/us/who-is-financing-elon-musks-44-billion-deal-buy-twitter-2022-10-07/