this post was submitted on 13 Jan 2025
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No, like I wrote in my edit: I recommend reading up on the ATproto design. It’s not necessarily bad if your goal is to create a single global town-square (i.e. Twitter like) microblogging website, but given this design goal, it will always be dominated by a single entity controlling the app view, and that is likely to be Bluesky itself.
$4m is not nearly enough to wrestle control away from Bluesky, and even if that would succeed you would have not fundamentally changed the situation but just replaced one single controlling entity with another.
This scenario would also be aligned with the goals of this initiative. I don't think they see a problem with it. The majority of the signatories are techno-optimist liberals who believe the good tech bros should be in control of society's discourse to prevent the American empire from collapsing. Billionaries are evil because they are enemy of the status quo.