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CIRCLE WITH A DOT

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  3. Can you imagine Mastodon raising 100 MILLION dollars from a crypto VC fund and failing to disclose it... for a full year?

Can you imagine Mastodon raising 100 MILLION dollars from a crypto VC fund and failing to disclose it... for a full year?

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bluesky
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  • _elena@mastodon.social_ _elena@mastodon.social

    Mike Masnick, who sits on the board of #Bluesky, claims the team was too busy to announce the series B funding (see screenshot).

    But something is fishy.

    Even the VC firm - Bain Capital Crypto - isn't listing Bluesky anywhere on their website: https://baincapitalcrypto.com/portfolio/

    Why the mystery? Was Bluesky afraid of a public backlash & asked to keep the information under wraps?

    Sorry if I keep repeating myself but I will forever be skeptical of Bluesky and think of the tale of the scorpion and the frog.

    Link Preview Image
    mike@thecanadian.socialM This user is from outside of this forum
    mike@thecanadian.socialM This user is from outside of this forum
    mike@thecanadian.social
    wrote last edited by
    #78

    @_elena I'm not going to mince words here, that's either total bullshit from Mike or incompetence from the team, or both. You've just received 100 mil in the bank and you can't get a staffer to spend an hour writing a press release. The real hold up was figuring out how they were going to explain it which they still haven't done.

    1 Reply Last reply
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    • mat@zelk.spaceM mat@zelk.space

      @wjmaggos I agree with you, even if permissive data is coming this year. for the appview part, anyone can build his own and pick the data they want from the pds. there's also dozens of different alternatives already, which limits enchittification

      @_elena @benroyce

      benroyce@mastodon.socialB This user is from outside of this forum
      benroyce@mastodon.socialB This user is from outside of this forum
      benroyce@mastodon.social
      wrote last edited by
      #79

      @mat @wjmaggos @_elena

      Great. So maybe someday in the future the bluesky ecosystem will eventually have what mastodon already has

      mat@zelk.spaceM 1 Reply Last reply
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      • mat@zelk.spaceM mat@zelk.space

        @UlrikeHahn it surely is, but nothing technically prevents anyone to crawl data from https://[any_instance]/public/local automatically. It's even worse on AP because you never really delete a post as it's duplicated on a thousands different instances. Someone already did a firehose of activitypub but I can't remember his @

        @_elena

        ulrikehahn@fediscience.orgU This user is from outside of this forum
        ulrikehahn@fediscience.orgU This user is from outside of this forum
        ulrikehahn@fediscience.org
        wrote last edited by
        #80

        @mat @_elena I think the legal aspect matters. And once someone downloads an ATproto post it’s not going to vanish by the author deleting it either. There is a freely available archive tool that lets you download your entire Bluesky post history with two clicks. And given how ATproto works, that means you can use the same tool to download, archive and search another users entire history of posts as well

        ulrikehahn@fediscience.orgU 1 Reply Last reply
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        • mat@zelk.spaceM mat@zelk.space

          @wjmaggos I agree with you, even if permissive data is coming this year. for the appview part, anyone can build his own and pick the data they want from the pds. there's also dozens of different alternatives already, which limits enchittification

          @_elena @benroyce

          wjmaggos@liberal.cityW This user is from outside of this forum
          wjmaggos@liberal.cityW This user is from outside of this forum
          wjmaggos@liberal.city
          wrote last edited by
          #81

          @mat @_elena @benroyce

          my understanding is that running your own app view with both a decent experience and reasonable cost is not doable. people are not doing that, while many run fedi servers for a few people.

          1 Reply Last reply
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          • benroyce@mastodon.socialB benroyce@mastodon.social

            @_elena @mat

            if a message is public, it's public. people need to understand anyone can scrape you, on any protocol

            but there is a difference between the fediverse which has no financial motivations, and bluesky, which does have creepy financial motivations. they can, and will, eventually, simply as a matter of the inevitable financial imperative of seedy cryptobro creeps, to do things with your data *on the inside*

            (private messages, linking it with data in other plutocrat silos, etc)

            sab@hostux.socialS This user is from outside of this forum
            sab@hostux.socialS This user is from outside of this forum
            sab@hostux.social
            wrote last edited by
            #82

            Isn't there also something about the idea of the ATProto ID that it should follow you across the web, making tracking across services easier? On the fediverse we have accounts that are separate, and tracking the same user across the internet remains a significant challenge.

            This seems to me to be the real problem BS sought to solve.
            @benroyce @_elena @mat

            benroyce@mastodon.socialB 1 Reply Last reply
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            • ulrikehahn@fediscience.orgU ulrikehahn@fediscience.org

              @mat @_elena I think the legal aspect matters. And once someone downloads an ATproto post it’s not going to vanish by the author deleting it either. There is a freely available archive tool that lets you download your entire Bluesky post history with two clicks. And given how ATproto works, that means you can use the same tool to download, archive and search another users entire history of posts as well

              ulrikehahn@fediscience.orgU This user is from outside of this forum
              ulrikehahn@fediscience.orgU This user is from outside of this forum
              ulrikehahn@fediscience.org
              wrote last edited by
              #83

              @mat @_elena there will hopefully be restricted visibility posts in ATproto eventually. But they weren’t part of the original design

              1 Reply Last reply
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              • benroyce@mastodon.socialB benroyce@mastodon.social

                @mat @wjmaggos @_elena

                Great. So maybe someday in the future the bluesky ecosystem will eventually have what mastodon already has

                mat@zelk.spaceM This user is from outside of this forum
                mat@zelk.spaceM This user is from outside of this forum
                mat@zelk.space
                wrote last edited by
                #84

                @benroyce personally, I think atproto architecture is way ahead of activitypub and does almost anything activitypub ever did. what do you mean by saying "bluesky hasn't everything mastodon has" ?

                @wjmaggos @_elena

                1 Reply Last reply
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                • sab@hostux.socialS sab@hostux.social

                  Isn't there also something about the idea of the ATProto ID that it should follow you across the web, making tracking across services easier? On the fediverse we have accounts that are separate, and tracking the same user across the internet remains a significant challenge.

                  This seems to me to be the real problem BS sought to solve.
                  @benroyce @_elena @mat

                  benroyce@mastodon.socialB This user is from outside of this forum
                  benroyce@mastodon.socialB This user is from outside of this forum
                  benroyce@mastodon.social
                  wrote last edited by
                  #85

                  @sab @_elena @mat

                  Yup

                  "I want to post some shit on social media with an anime profile picture" is perfectly cromulent and so who gives a fuck about DID

                  The same with the "your messages are portable!" bit the bluesky cringe crew keep enthusing about

                  Oh yeah, the meme I posted about the Oppenheimer movie 2 years ago is an extremely important record I must preserve for all posterity

                  2 weeks later, no one gives a shit about your posts

                  Social media is ephemeral nonsense, not a doctoral thesis

                  mat@zelk.spaceM 1 Reply Last reply
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                  • _elena@mastodon.social_ _elena@mastodon.social

                    Mike Masnick, who sits on the board of #Bluesky, claims the team was too busy to announce the series B funding (see screenshot).

                    But something is fishy.

                    Even the VC firm - Bain Capital Crypto - isn't listing Bluesky anywhere on their website: https://baincapitalcrypto.com/portfolio/

                    Why the mystery? Was Bluesky afraid of a public backlash & asked to keep the information under wraps?

                    Sorry if I keep repeating myself but I will forever be skeptical of Bluesky and think of the tale of the scorpion and the frog.

                    Link Preview Image
                    crazyeddie@mastodon.socialC This user is from outside of this forum
                    crazyeddie@mastodon.socialC This user is from outside of this forum
                    crazyeddie@mastodon.social
                    wrote last edited by
                    #86

                    @_elena He makes it sound like it's me trying to file my taxes on time or something. Anxiety disorder creating artificial roadblocks and "forgetting". I'm also the "CEO" of a software company but mine isn't going anywhere at all, like EVER.

                    I wonder if he's on SSI. I've been considering it...

                    And the whole team has it!!?? I'm sorry. That must be a real mess to manage. Does everyone panic at the same time or y'all take turns?

                    We take turns.

                    1 Reply Last reply
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                    • benroyce@mastodon.socialB benroyce@mastodon.social

                      @sab @_elena @mat

                      Yup

                      "I want to post some shit on social media with an anime profile picture" is perfectly cromulent and so who gives a fuck about DID

                      The same with the "your messages are portable!" bit the bluesky cringe crew keep enthusing about

                      Oh yeah, the meme I posted about the Oppenheimer movie 2 years ago is an extremely important record I must preserve for all posterity

                      2 weeks later, no one gives a shit about your posts

                      Social media is ephemeral nonsense, not a doctoral thesis

                      mat@zelk.spaceM This user is from outside of this forum
                      mat@zelk.spaceM This user is from outside of this forum
                      mat@zelk.space
                      wrote last edited by
                      #87

                      @benroyce atproto is way more than a protocol for microblogging. messages aren't the only data our pds stores. it can log all the movies/tvshows we watched, all of our blogs, music history, rss feeds, encrypted messages, games, etc can be stored out there

                      I think you're criticizing atproto without being aware of how powerful it is. bluesky is just a brick of atproto, just like mastodon is just a brick of activitypub

                      @sab @_elena

                      benroyce@mastodon.socialB 1 Reply Last reply
                      0
                      • mat@zelk.spaceM mat@zelk.space

                        @benroyce atproto is way more than a protocol for microblogging. messages aren't the only data our pds stores. it can log all the movies/tvshows we watched, all of our blogs, music history, rss feeds, encrypted messages, games, etc can be stored out there

                        I think you're criticizing atproto without being aware of how powerful it is. bluesky is just a brick of atproto, just like mastodon is just a brick of activitypub

                        @sab @_elena

                        benroyce@mastodon.socialB This user is from outside of this forum
                        benroyce@mastodon.socialB This user is from outside of this forum
                        benroyce@mastodon.social
                        wrote last edited by
                        #88

                        @mat @sab @_elena

                        You sound like a cryptobro with your endless enthusiasm for an exciting future while utterly ignoring the pathetic present. Correct: mastodon is just one brick... in an entire house. While bluesky is one brick... oh wait it's the only brick, there's no house, there's no decentralized reality. Just endless cryptobro style salesmanship

                        mat@zelk.spaceM 1 Reply Last reply
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                        • _elena@mastodon.social_ _elena@mastodon.social

                          Mike Masnick, who sits on the board of #Bluesky, claims the team was too busy to announce the series B funding (see screenshot).

                          But something is fishy.

                          Even the VC firm - Bain Capital Crypto - isn't listing Bluesky anywhere on their website: https://baincapitalcrypto.com/portfolio/

                          Why the mystery? Was Bluesky afraid of a public backlash & asked to keep the information under wraps?

                          Sorry if I keep repeating myself but I will forever be skeptical of Bluesky and think of the tale of the scorpion and the frog.

                          Link Preview Image
                          lrhodes@merveilles.townL This user is from outside of this forum
                          lrhodes@merveilles.townL This user is from outside of this forum
                          lrhodes@merveilles.town
                          wrote last edited by
                          #89

                          @_elena I don't know what the going rate on hiring an intern is at the moment, but I bet $100 million would cover it.

                          1 Reply Last reply
                          0
                          • _elena@mastodon.social_ _elena@mastodon.social

                            Mike Masnick, who sits on the board of #Bluesky, claims the team was too busy to announce the series B funding (see screenshot).

                            But something is fishy.

                            Even the VC firm - Bain Capital Crypto - isn't listing Bluesky anywhere on their website: https://baincapitalcrypto.com/portfolio/

                            Why the mystery? Was Bluesky afraid of a public backlash & asked to keep the information under wraps?

                            Sorry if I keep repeating myself but I will forever be skeptical of Bluesky and think of the tale of the scorpion and the frog.

                            Link Preview Image
                            caiocgo@social.vivaldi.netC This user is from outside of this forum
                            caiocgo@social.vivaldi.netC This user is from outside of this forum
                            caiocgo@social.vivaldi.net
                            wrote last edited by
                            #90

                            @_elena well... This is really disappointing. I have never trusted BlueSky but I have trusted Mike Masnick. His response is really not convincing at all.

                            1 Reply Last reply
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                            • ikuturso@mastodon.socialI ikuturso@mastodon.social

                              @wonkothesane well when the userbase is mostly on Bluesky and likely to stay there I don't really see the ability to completely break free as very realistic. It's also true their retained control absolutely allows them to rug pull no matter how many times they say "credible exit".

                              @_elena

                              crazyeddie@mastodon.socialC This user is from outside of this forum
                              crazyeddie@mastodon.socialC This user is from outside of this forum
                              crazyeddie@mastodon.social
                              wrote last edited by
                              #91

                              @ikuturso @wonkothesane @_elena The idea of a personal data server is a good one but it needs some stuff. You should be able to put permissions on things and manage who has access. In AT it's all public.

                              Should also be able to manage what relays pull what. Be able to negotiate with relays to get into feeds (you're a journalist and want to publish to a journal so you ask to be on their relays).

                              There's stuff to like about AT. Someone was working on a good idea before VC's got it.

                              1 Reply Last reply
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                              • craig_patrick@mastodon.socialC craig_patrick@mastodon.social

                                @_elena @Jerry Curious if there’s a plan to monetize #Bluesky you are aware of? Two points to accent your post:

                                - criticism on #Mastodon initially feels like smearing a rival platform first, investigative reporting second. (Feel free to push back on that, it’s just the vibe I get when I read these articles)

                                - bureaucracy is an issue with brand communication. This MAY be what Bluesky is encountering because the United States needs to have a serious conversation about the illusion of brand

                                jerry@hear-me.socialJ This user is from outside of this forum
                                jerry@hear-me.socialJ This user is from outside of this forum
                                jerry@hear-me.social
                                wrote last edited by
                                #92

                                @craig_patrick @_elena
                                They aren't forthcoming about financing. So, as would be expected, they are not forthcoming about their monetization plans. These are 2 bad signs.

                                Then add in the gaslighting about why major funding went unmentioned by both Bluesky and the VCs: "Everyone at Bluesky is just so gosh dang busy nobody had time to mention it." This is the gaslighting we see daily in the news. "I'll give you an obvious, nonsensical excuse, but still expect you to believe it because you all are gullible and emotion-driven."

                                _elena@mastodon.social_ 1 Reply Last reply
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                                • benroyce@mastodon.socialB benroyce@mastodon.social

                                  @mat @sab @_elena

                                  You sound like a cryptobro with your endless enthusiasm for an exciting future while utterly ignoring the pathetic present. Correct: mastodon is just one brick... in an entire house. While bluesky is one brick... oh wait it's the only brick, there's no house, there's no decentralized reality. Just endless cryptobro style salesmanship

                                  mat@zelk.spaceM This user is from outside of this forum
                                  mat@zelk.spaceM This user is from outside of this forum
                                  mat@zelk.space
                                  wrote last edited by
                                  #93

                                  @benroyce I'm only talking about the protocol since the beginning, nothing of what I'm saying is about crypto

                                  @sab @_elena

                                  benroyce@mastodon.socialB 1 Reply Last reply
                                  0
                                  • jerry@hear-me.socialJ jerry@hear-me.social

                                    @craig_patrick @_elena
                                    They aren't forthcoming about financing. So, as would be expected, they are not forthcoming about their monetization plans. These are 2 bad signs.

                                    Then add in the gaslighting about why major funding went unmentioned by both Bluesky and the VCs: "Everyone at Bluesky is just so gosh dang busy nobody had time to mention it." This is the gaslighting we see daily in the news. "I'll give you an obvious, nonsensical excuse, but still expect you to believe it because you all are gullible and emotion-driven."

                                    _elena@mastodon.social_ This user is from outside of this forum
                                    _elena@mastodon.social_ This user is from outside of this forum
                                    _elena@mastodon.social
                                    wrote last edited by
                                    #94

                                    @Jerry @craig_patrick thank you Jerry. “Gaslighting” is a perfect way to describe that nonsensical response.

                                    What’s super creepy is that Bain Capital also kept the info under wraps. For a full year! I never heard of anything like this… the kind of news that is usually shouted from the rooftops (ESPECIALLY in this economy)

                                    1 Reply Last reply
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                                    • stefan@stefanbohacek.onlineS stefan@stefanbohacek.online

                                      @_elena

                                      And I really believe that Bluesky got ahead because it's been essentially a centralized Twitter 2.0, only now slowly starting to open up, and that's already creating UX problems people have been complaining about with Mastodon/fediverse.

                                      Here's a random post: https://witchsky.app/profile/did:plc:rtf3bjc3w2yn4syxtm4r7jt2/post/3mfrp6tovy22g

                                      Try replying from https://bsky.app. The old "put the URL in the search box" trick doesn't work here.

                                      And developers are disagreeing over "log in with Bluesky" vs "with ATProto" vs "Atmosphere", because the first one erases the diversity of the network, while the more accurate labels are "too confusing for normies".

                                      Plus, "pick a PDS and an AppView and an app" sounds a lot more daunting than "pick a server".

                                      @benroyce @mat

                                      sknob@mamot.frS This user is from outside of this forum
                                      sknob@mamot.frS This user is from outside of this forum
                                      sknob@mamot.fr
                                      wrote last edited by
                                      #95

                                      @stefan @_elena @benroyce @mat

                                      Telling how one of the answers is about being able to monetize on the user end (« Culture problems w/ ActivityPub/Mastodon on a number of levels. Seemed openly hostile to anyone potentially making money, even small biz »). That’s a feature, not a bug as far as I’m concerned 🙂

                                      1 Reply Last reply
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                                      • mat@zelk.spaceM mat@zelk.space

                                        @benroyce I'm only talking about the protocol since the beginning, nothing of what I'm saying is about crypto

                                        @sab @_elena

                                        benroyce@mastodon.socialB This user is from outside of this forum
                                        benroyce@mastodon.socialB This user is from outside of this forum
                                        benroyce@mastodon.social
                                        wrote last edited by
                                        #96

                                        @mat @sab @_elena

                                        The way crypto works is people fall for this exciting salesmanship of an exciting future and then... nothing

                                        Bluesky was started by, is run by, is funded by, and owned by, cryptobros

                                        So they deploy the same bullshit con job

                                        "It's decentralized!"

                                        Except it isn't

                                        Lies and a seedy sales job, and unfortunately lots of dum dums fall for it

                                        Who trusts this endless hype shit? Where does it lead?

                                        To a rugpull

                                        1 Reply Last reply
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                                        • _elena@mastodon.social_ _elena@mastodon.social

                                          Mike Masnick, who sits on the board of #Bluesky, claims the team was too busy to announce the series B funding (see screenshot).

                                          But something is fishy.

                                          Even the VC firm - Bain Capital Crypto - isn't listing Bluesky anywhere on their website: https://baincapitalcrypto.com/portfolio/

                                          Why the mystery? Was Bluesky afraid of a public backlash & asked to keep the information under wraps?

                                          Sorry if I keep repeating myself but I will forever be skeptical of Bluesky and think of the tale of the scorpion and the frog.

                                          Link Preview Image
                                          colo_lee@mstdn.socialC This user is from outside of this forum
                                          colo_lee@mstdn.socialC This user is from outside of this forum
                                          colo_lee@mstdn.social
                                          wrote last edited by
                                          #97

                                          @_elena Masnick has certainly revealed a previously hidden side of himself in all the BS BS ...

                                          1 Reply Last reply
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