Skip to main content


This is why I have been trying to warn about #BlueSky.

BlueSky has just been partially bought by a cryptocurrency company "Blockchain Capital" and appointed a blockchain / cryptocurrency expert to their board:

bsky.social/about/blog/10-24-2…

The board member is a bitcoin researcher involved with NFT analytics.

BlueSky describe the tie-up with Blockchain Capital as a "natural partnership" and says the blockchain company has "a uniquely deep understanding of our decentralized foundation".

(via @jwz)

This entry was edited (3 months ago)
in reply to Fedi.Tips

bluesky is nazi Jack, elons bff, new scam. Ditch that trash. delete bluesky & fb.

@FediTips @jwz

in reply to Fedi.Tips

Just another corporation. Been saying that all along but some people block and "report" me for the truth.

Truth haters are welcome to block me but reporting me to the admin is useless because I AM an admin on Beamship 😂

This entry was edited (3 months ago)
in reply to Fedi.Tips

By "uniquely deep understanding" do they mean "large, open wallet"?
in reply to Quokka

@quokka1

Possibly! Also, it's strange they would say that about Blockchain Capital if they had no intention of incorporating blockchain 🤮 into BlueSky.

in reply to Fedi.Tips

@quokka1 I'd expect some sort of announcement of a "partnership" or "merger" between Nostr and Bluesky sometime soon.

Dorsey's all in on crypto and since he's the primary shareholder in bsky, this announcement should come as a surprise and shock to absolutely no one. It was just a matter of time since the platform was released, because the AT protocol was designed for cyrptocurrency integration.

So now all the crypto spam that riddles Nosr is coming to a Bluesky instance near you. Buckle up, buttercup!

in reply to Fedi.Tips

LOL. Where does the corporate apology industry come up with these fake descriptions? A social networking company needs a "natural partnership" with a cryptocurrency company, like a fish needs a bicycle.

The absurdity and betrayal of customers is typical of private equity, not a responsible social networking company that claims to honor its customers' privacy.

This entry was edited (3 months ago)
in reply to Fedi.Tips

While true, the team in that article also state that they "will not hyperfinancialize the social experience (through tokens, crypto trading, NFTs, etc.)"

I do hope that this remains true, as the more alternatives to the bird site, the better. A lot of people still see Mastodon as too isolated, which is fair.

This entry was edited (3 months ago)
in reply to Fedi.Tips

Thanks for posting this - I've been seeing cryptic Bluesky related posts all day, but had no clue what they were about. Now the other shoe has dropped! Not surprised, wasn't this all built by Mr Twitter? Why would it be any better the second time around?
in reply to Fedi.Tips

Love that bit about how they won't "hyperfinancialize" the site, which I can only assume is something distinct from merely turbofinancializing or ultrafinancializing it.
in reply to Fedi.Tips

Siiiigh. I've been resisting getting a Bluesky account for a long time, but recently had begun to reconsider as they seemed active and nothing too bad had happened. But now the other shoe has dropped. They crumbled before my resolve did.
in reply to Fedi.Tips

Never trusted the weaselly little bastards. This is why
in reply to Fedi.Tips

This won't shock anyone who's been paying attention. Their CEO Jay Graber comes from crypto.
in reply to Fedi.Tips

good thing I heeded the warnings (here and elsewhere) and never even considered Bluesky!
in reply to Fedi.Tips

From what I gather in the comments, it seems the users are okay with it as long as there are no actual crypto stuff and no ads. Not a high bar to clear, but when your other experience is with Twitter, you'd take what you can get.

The Fediverse is still the more optimal choice, but overall I'm more cautiously optimistic about Bluesky rn. It's interesting to see how it will sustain itself in the future without succumbing to ads, and maybe there's lessons to learn from it too.

in reply to Fedi.Tips

Sir I am a Blockchainian Prince. I am reaching out to you to help move my cryptocurrency fortune out of the country from a frozen account.
in reply to Fedi.Tips

how many times do we have to learn the lesson that private companies should never control a public good?
in reply to Fedi.Tips

yes, that was to be expected.

I’m glad that Mastodon is licensed under AGPL, because that makes it much less likely to be proprietarized (as long as a diverse enough group of people contributes).
@jwz

@jwz
in reply to Fedi.Tips

Everyone who read this post and responded with, "This is just FUD, the press release clearly said they would NOT do hyperfinancialization, you are overreacting, here is a link to primary journalistic sources, I am very smart" --
in reply to Fedi.Tips

Companies claiming to have 'uniquely deep understanding' sounds very nefarious to humans I know.
in reply to Fedi.Tips

If Mastodon is so much better than Bluesky, then explain this
This entry was edited (3 months ago)
in reply to Fedi.Tips

don't see that they did it,
had read the post and nothing bad there.
in reply to Fedi.Tips

Actually, they weren't bought out partially, just some A series funding stuff, but as the blog says, they won't make it into a crypto based thing, so I don't see any reason for anyone to worry about it, Bluesky is a perfectly fine service, and if they also implement federation, that will make it better.
in reply to Fedi.Tips

Yeah, Bluesky is not worth it. Just more tech bros in power. Plus, their attempts to filter content are laughable and are often self defeating.

But I need to know, WTF is an "NFT Analyst"?!? Seems like a pretty simple gig, tbh. I think Keanu Reeves showed that he nailed the job requirements here:

youtu.be/h0-fYXR3M2o?si=oaZENy…

#nfts #keanureeves #bluesky

in reply to Fedi.Tips

BlueSky writes in the announcement:
"Our lead, Blockchain Capital, shares our philosophy that technology should serve the user, not the reverse — the technology being used should never come at the expense of the user experience".

Ah, the user experience! Meta (or any other big-tech company in the surveillance capitalism league) would probably come up with a simular statement if asked ...!

in reply to Fedi.Tips

Seriously. This is the worst. Every time I say, 'It isn't so bad' this week, life tacks on another pack of bullshit like this. I seriously tire of life right now.
in reply to Fedi.Tips

whatever, they deserve to be duped again, we'll still be here whenever they're ready.
in reply to Fedi.Tips

p.s. A number of people have pointed out that the current CEO of BlueSky is also from a blockchain/cryptocurrency background:

2015 - Engineer at blockchain company SkuChain

2015 - Worked assembling bitcoin mining equipment

2016 - Developer on Zcash cryptocurrency

2019 - Happening Inc founder (cannot find any trace of this, no idea if it involves blockchain)

2021 - CEO of BlueSky

Also, the current BlueSky board seems to be three people: two blockchain experts and one non-blockchain person.

in reply to Fedi.Tips

I'm guessing BlueSky's main worry is how to make money from a free site without it becoming an advertising or personal-data tracking company. As with nostr, crypto people like to think cryptocurrencies are one way this would be possible, it allowing their users to make pennies (or sats) from their content, with the site getting a slice of that. If that's their thinking though, it'll change the way some of their users will use or view the site.
in reply to Fedi.Tips

The problem in our society today is that everyone thinks IT services are free. I donate to Mastodon and my instant operator every month. I doubt whether my contribution covers the costs, but I am doing something.

Only a fraction of people do this. And probably even fewer at BlueSky. I suspect that BlueSky will start advertising sooner or later.

in reply to Fedi.Tips

"bitcoin researcher involved with NFT analytics." sounds like the biggest bullshit job on the planet.
in reply to Fedi.Tips

No surprises here. Bsky scored very high on my enshittification bingo card since day one, but there's no need to go through the whole list. The most important parts:
- Is it closed source? Yes (partially).
- Is it for-profit? Yes.
- Is it centralized? Yes.

Such projects turn into garbage very fast these days. Historically, the process was much slower (although the end result was the same).

in reply to Fedi.Tips

@mynameistillian "Just one more centralized social media platform bro it won't enshittify trust me bro just one more twitter clone"
in reply to Fedi.Tips

This entry was edited (3 months ago)
in reply to Fedi.Tips

I didn't think that they were privacy respecting in the first place lol

They've always looked sketchy to me

in reply to Fedi.Tips

Who’s bread you eat, their songs you will sing.
This entry was edited (3 months ago)
in reply to Fedi.Tips

It's a natural partnership. Bluesky needs money and Blockchain Capital is willing to give them money.