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this post was submitted on 13 Jan 2025
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Twitter also looked great until it didn't, it even comes from the same guy.
While at this moment BlueSky looks good, we will end up the same way sooner or later. Muskov et. al. figured out how to monetize social media. Now Twitter, Facebook, Instagram, TikTok and others are tools to manufacture opinion. And certain opinions are worth a lot to certain people.
Reddit was open source at some point too.
The seed money came from Twitter, allocated by Jack Dorsey and he had a position on the board that he didn't really make use of. He literally left because he is against centralised moderation and didn't have enough influence to prevent bsky implementing it.