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

[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.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

[lrhodes@merveilles.town]

@_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.

[caiocgo@social.vivaldi.net]

@_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.

[crazyeddie@mastodon.social]

@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.

[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."

[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

[_elena@mastodon.social]

@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)

[sknob@mamot.fr]

@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

[benroyce@mastodon.social]

@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

[colo_lee@mstdn.social]

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