#Crapitalism strikes again. Who would have thought that a Crapitalist would want to monetize the open web 🫢 It stops being outlandish when you discover that Bain Capital’s #Crypto division is the principle investor. I dumped #Bluesky months ago. Now you. #opensocial

BlueSky zealots keep pointing to the light at the end of the tunnel not realizing its the enshitification train. #BlueSky
RE: https://mastodon.social/@_elena/116260876501374382
#Bluesky leadership "too busy" to announce #BainCapital #crypto #VC for an ENTIRE YEAR, the new brand of can't-quite-be-bothered-to-lie-properly ushered by #Trump.
Bain Capital crypto, lobbying for financial deregulation regularly targeting the #SEC (U.S. Securities and Exchange Commission), while choosing to promote an all-male team on International #Women’s Day (so they DO know a thing or two about announcements timing).
BlueSky: Oh ya, that 100 mil, we just got super busy and forgot to let everyone know..
Everyone: So what's your revenue model again?
BlueSky: Not sure.. Maybe t-shirts..
Still, 5 million* monthly active users on Bluesky vs 1 million* on here is really not an impossible gap to close, if we all put some effort into inviting our friends.
* https://bluefacts.app/bluesky-user-growth
** https://fedidb.com/stats (this is likely undercounting due to the decentralized nature of the fediverse, plus I know some servers block FediDB)
I am reading all the stories on BlueSky and it’s awful. But I keep seeing it posted on Mastodon where most people already hated BlueSky.
People need to push this over to BlueSky. Even then I don’t think most people will care ? They won’t see the big picture issue with it all ..
#social #bluesky #capitalism #evil #mastodon

Sagt euren Freunden bei #BlueSky, dass ihr Account in den Händen von Cryptobros ist.
https://chaos.social/@doener/116261581590512519
AFAIK Link is a #blacksky user who is banned by #bluesky and thus non-existent to anyone using their by-far-the-most-popular app view on the #ATproto #ATmosphere. Rudy referred to this on the new @rabble.nz podcast. This is similar to being on another fedi server but blocked by mastodon dot social, except that @Mastodon is a much smaller percentage of the #SocialWeb and working to push users to other servers. The concern is how big VC influences such goals.
https://bsky.app/profile/rude1.blacksky.team/post/3mhgrd3zcj22g
TechCrunch: #Bluesky announces $100M Series B after CEO transition https://techcrunch.com/2026/03/19/bluesky-announces-100m-series-b-after-ceo-transition/
Venture capital and decentralisation don’t go together.
TechCrunch: #Bluesky announces $100M Series B after CEO transition techcrunch.com/2026/03/19/b...
Venture capital and decentralisation don’t go together.
Bluesky announces $100M Series...
You can only catch a kid in his mom's purse so many times before you realize he's not looking for a stick of Juicy Fruit.