“Bluesky follows the classic crypto marketing strategy of rallying users behind a cause while downplaying their profit-driven motives. They make a big deal about filing as a Public Benefits Corporation, which means next to nothing.
Bluesky claims to be billionaire proof, which is either hopelessly naive or deliberately smarmy. Claims that their platform is open and decentralized are mostly bullshit. Nothing prevents the company from cutting off access to the network, just like Twitter did to third-party clients, and the option of spinning up your own Bluesky clone means nothing when the value a social network is the users and their network effects, not your tech stack.
You’re welcome to think I’m overly cynical, but when someone talks like a grifter, builds like a grifter, and raises money from grifters, they deserve all of the scrutiny of grifters”