BlueSky wants you to trust them, but they raised $100 million from a crypto fund almost a YEAR AGO and didn't tell anyone.
https://techcrunch.com/2026/03/19/bluesky-announces-100m-series-b-after-ceo-transition/
BlueSky wants you to trust them, but they raised $100 million from a crypto fund almost a YEAR AGO and didn't tell anyone.
https://techcrunch.com/2026/03/19/bluesky-announces-100m-series-b-after-ceo-transition/
@dangillmor I have posted TechCrunch link in BlueSky yesterday. For some reason, which is open to debate, the URL I posted got mangled in that post 🤦
@dangillmor Bluesky is just the next Twitter and they’ll end up being owned by an Oligarch.
@dangillmor - thank you for the info. Was not aware. Cancelled my account.
It's the lack of transparency that boddered me the most. Not trustworthy anymore when they act like that.
@dangillmor Luckily crypto has always proven to be trustful and not scammy at all!
😆
@dangillmor
I'm missing something, I guess.
I trust BlueSky to the same extent that I trust my landline. It is a medium of communication.
So I know that's not your point.
I'm often considered elderly, possibly because of age.
What am I missing?
@dangillmor It’s the inevitability of things like this that makes the decision to stay away from corporate monoliths so much easier.
@dangillmor
i found this:
https://www.blockchaincapital.com/
i doesn't say percentages of those companies.
@dangillmor
"Moving from x to bluesky" = "Moving from this shitty tech bro to that shitty tech bro.
@dangillmor From the land we fled. Twitter owned in part by russians oligarchs. https://www.dw.com/en/what-do-xs-alleged-ties-to-russian-oligarchs-mean-for-musk/a-70088598
@dangillmor no thanks too many algorithms.. I love Fediverse/Mastodon..
@dangillmor Whelp, Bluesky is about to go down the shitter then.
The money bros destroy everything they touch.
@dangillmor It's a good thing Graber stepped down then. If we asked her what's up, we'll likely just get "WAFFLES!" from her anyway.
@dangillmor BSky is a closet fascist organization
@dangillmor I don't see how "they secretly took $100M from crypto grifters 12 months ago" is any more damning than "they publicly took $14M from crypto grifters 17 months ago" but if it gets a new batch of people to realize that they have been telling you who they are and you should believe them, I'll take it. https://jwz.org/b/ykbY
@dangillmor bain are on the BDS boycott list for funding Israeli defence companies. So will users who do not support Israel's actions close their accounts...?
@dangillmor well they're a company they have customer relationship with customers not non plutonic relationships
@dangillmor Yeah, that's a hard pass. 😬
@dangillmor you can't be a profitable investment without some sort of user exploitation - adverts, tracking, data mining
BSky is just a Meta waiting game