Ancestors

Toot

Written by Paul Campbell on 2024-11-16 at 17:39

This is by far the weirdest thing about the exodus to Bluesky. There’s a massive elephant in the room and people don’t seem to either care or be aware. Maybe the network, the protocol, the design with withstand the risk of weirdness. The energy is great over there. Undeniable. But we’ve seen this before: with Twitter!! Can’t but fear the piper will have to be paid at some point.

https://toad.social/@davetroy/113493454665487197

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Descendants

Written by Brian LeRoux 💚 on 2024-11-16 at 17:44

@paulca its fascinating esp the characters open washing/ handwaving about the governance and protocol as though it is already open and distributed (it isn't and I personally sincerely doubt it will be but hope I'm proven wrong). Expecting advertising will be the first thing they capitulate on. The board has a fiduciary duty.

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Written by Johan Halse on 2024-11-16 at 19:31

@brianleroux @paulca it’s just as vulnerable to billionaires as Twitter was, and likely nowhere near as expensive! If the Koch brothers throw two billion dollars at them tomorrow they’ll fold like a cheap suit and everyone’s back to square one.

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Written by Brian LeRoux 💚 on 2024-11-16 at 19:33

@hejsna @paulca not even an if. When!

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Written by Paul Campbell on 2024-11-16 at 21:50

@brianleroux — There’s no doubt that the energy and vibes are infectious and uplifting, but the lack of self-awareness is really strange. Maybe it will be fine, but Twitter was in very good hands in the early days from my perspective. And look at it now. Look at it now.

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Written by Brian LeRoux 💚 on 2024-11-16 at 22:05

@paulca the incentives are what they are it's just a matter of time now. I brought it up in a different context and was chided 'lets try to enjoy it and not spoil things for ppl' which I also found strange. I'm not chosing their governance model? But ok ...let's see where this goes.

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Written by Paul Campbell on 2024-11-16 at 22:31

@brianleroux — That is SO strange. “Let’s all escape this oligarch ruined place. This other place looks good. Who’s it backed by? More oligarchs. Oh.”

The frustrating part is that it literally doesn’t have to be this way.

And the hopeful part is that the folks making it genuinely do seem to be building in earnest.

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Written by Brian LeRoux 💚 on 2024-11-16 at 22:39

@paulca even if earnest they need controlling interest which they almost certainly abdicated during series a. Investors don't just "want a return" which is way soft language: they are required by law to seek a maximal benefit for shareholders (themselves).

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