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1. Embed this notice
   sb the chippy-choppy (sb@metroholografix.ca)'s status on Saturday, 08-Feb-2025 22:38:24 JST sb the chippy-choppy

   Remember how #twitter forced #musk to buy it after he chickened out, even though they knew what he was planning on doing with it?

   Remember how you trust #bluesky?

   • Embed this notice
     Rich Felker (dalias@hachyderm.io)'s status on Saturday, 08-Feb-2025 22:40:21 JST Rich Felker

     in reply to

     • Bart Louwers

     @bart @sb PBC is basically just a way to market a for-profit company, with no teeth behind it. It's a much weaker category than "non-profit", and look at OpenAI as an example of what fakery "non-profit" can be. Thinking being a PBC will restrain Bluesky whatsoever from standard VC progression is utterly naive.

   • Embed this notice
     Bart Louwers (bart@floss.social)'s status on Saturday, 08-Feb-2025 22:40:23 JST Bart Louwers

     in reply to

     @sb Not sure if I follow this reasoning. Twitter was a publicly traded company. As such there is not really anything or anyone to put your trust in, other than that the company will operate in the best interest of its shareholders (which the sale clearly was).

     On the other hand, Bluesky is privately held and a “public benefit” organization. That does not mean it will operate ethically. But it is a quite different situation.

   • Embed this notice
     Rich Felker (dalias@hachyderm.io)'s status on Saturday, 08-Feb-2025 22:47:15 JST Rich Felker

     in reply to

     • Bart Louwers

     @bart @sb PBC should just be abolished as a scam, and non-profit status should be hardened such that ownership of or collusion with for-profit entities results in disolution of the board and replacement with public oversight to further the original nominal mission of the org.