this post was submitted on 05 Jun 2023
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There is nothing stopping a commercial instance. Facebook is apparently working on a twitter-like site that will federate with Mastodon: https://techcrunch.com/2023/05/19/everything-we-know-about-instagrams-twitter-clone-due-this-summer/
But yes, it feels like Lemmy is in the early community growth stage, like Reddit was 10 years ago before the big push to go mainstream.