this post was submitted on 13 Nov 2024
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[–] capital@lemmy.world 2 points 3 days ago (1 children)

They took crypto bros VC money.

Do we really think they’ll allow mass federation without getting returns on their investment?

[–] supersquirrel@sopuli.xyz 2 points 2 days ago

It would be an abdicaton of the duties of the people in charge of running the business of bluesky to not create leverage points where serious monetization can occur.

Like seriously... that is called Not Doing Your Job and usually leads to getting replaced by someone who will.

I feel like it is too easy to get stuck in the weeds discussing arcane details of a massively complex system such as ActivityPub and bluesky and the virtues and faults of those details while ignoring the much more easy to predict and understand truth that decentralization is fundamentally at odds with monetization or consolidated control.

Investors in bluesky coughed up the money for the same reason any sane person invests large sums of money...to get more money.