BlueSky just announced they borrowed $15 million from venture capitalists. The leading funder is "Blockchain Capital".
It's only a matter of time till BlueSky has to start generating a return for it's investors. Do you think they'll do that by respecting their users or by selling data to advertisers, AI companies and anyone else that can pay?
Fedi and Mastodon are far from perfect, but don't have the original sin of investor debt.
Community funded social media forever