this post was submitted on 05 Jul 2023
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People are here because they are tired of paying for social media by looking at ads and promoted shit and other shenanigans like rate limiting and being funneled through hostile UX. The "you are the product ..." business model of social media is collapsing in 2023 (LLM scraping, interest rates, inflation, enshittification, pick your poison, it doesn't matter).
Donation- and micro-transaction-supported social media sounds like a fantastic alternative who's time has come.
I also find it a bit rich to hear extreme pessimism about cryptocurrencies from a fediverse user. Crypto has exactly the same problems and exactly the same advantages over centralized approaches as the fediverse has, because it's more or less the same core idea. It takes hard times to learn or remember the importance of censorship-resistance. But I guess the hard times are here for social media/fediverse users, where as many people (especially in the western world) still have it really good with their currency.