“our lead shares our philosophy that technology should serve the user, not the reverse
this is why they focus on blockchains, a technology basically always used at the expense of its users”
“our lead shares our philosophy that technology should serve the user, not the reverse
this is why they focus on blockchains, a technology basically always used at the expense of its users”
i do think the degree to which bluesky is stressing that they do not use blockchains really underscores how toxic even a faint whiff of blockchain has become to any normal platform
@molly0xfff I've said before that for the fediverse to "win", we just have to wait until the "competition" gets enshittified.
I'm relieved to see that it might not actually take that long!
if time-to-enshittification-rate (whatever that term at this point even means) is correlated to funding rate, Bluesky's much lower funding rate compared to Twitter in the same stage of the platform's life, it would suggest that it would take quite a while for bluesky to get enshittified. 15milion usd is a pretty low amount of money, and Im guessing they couldve raised a lot more if they wanted to, considering the MAU graphs they can show
(source: https://bsky.app/profile/ripperoni.com/post/3l7brn5wero2j)
(sorry broke the reply chain because I accidentally replied from the wrong account first)
yeah true. My vibe is that Jay has a big network in the crypto world, and is selling atproto as embodying the ideals of the crypto world related to decentralisation and selfownership of digital identity, without the major drawbacks of what she seems to call hyperfinancialisation
@laurenshof @molly0xfff Interesting, thank you for the analysis!
@laurenshof @stefan @molly0xfff yeah, fwiw I think the dollar amount here is probably the least concerning thing. they're easily on track to generate more than enough value to justify that. it's the everything else about vc that is more of an issue.