You know with this being a privacy conscious fed, and Shitbook's libra coming out, it's never been a scarier time.
If libra comes out which Shitbook is saying it will and soon and it gains critical mass adoption, the world of privacy is going to more important than ever.
ππ
@Wetrix Libra is going to do what AOL did: help people discover the real internet but with money.
Privacy consciousness is already popular enough that everyone has at least one friend that doesn't use FB and the like. Critical mass for an exodus is around the corner. As long as people can use more than one network at a time the trend towards open software will continue. It cannot be stopped.
@mister_monster
Libra is already on very bumpy road, those bumps are regulations by the government and overall bad privacy reputation by Facebook. Also, any country that don't want to give any financial power to Facebook (which imo is every country in the world besides maybe US) will simply make that way of payment illegal. Their model is bad, and as such it can't succeed, regulators see that.
@Wetrix
@nikolal @mister_monster I sure hope your right!!! ππ»
@Wetrix @nikolal The great thing about social networks is the network effect. Money is social in nature as well. The network effect may work against these FOSS protocols in the short run, but once critical mass is reached (~10% of people who use FB/libra use AP/bitcoin) people who don't care about privacy or FOSS start to use them just because their friends do.
@Wetrix @nikolal Well it kind of has to be. For profit silo "networks" cannot sustain themselves because they must break UX for monetization reasons. A network like Mastodon can live indefinitely with 2 users and still be useful because there's no pressure to be profitable. The long term trend will be towards tools that work for the people that use them because thats what people will gravitate towards in the long run. This applies to currency and social networks and anything really. Look at AOL.