Just around 24 hours after Musk made his comments, more than 42,000 new users joined Bluesky, making it the biggest signup day yet for the currently invite-only platform that launched earlier this year.
Bluesky saw a total of 53,585 new signups by the end of Tuesday, September 19. The new users gained in that single day make up 5 percent of the platform’s entire user base of 1,125,499 total accounts.
The new user signups are tracked via the third-party website “Bluesky Stats.” Looking over Bluesky signup numbers on the tracker for the past month, it appears that the platform usually sees from 10,000 to 20,000 new signups per day. Bluesky has doubled its usual daily new user numbers already, with many more hours left in the day still to go.
It’s impossible to know whether Musk’s comments about charging users to post on X really played a role in this, but it almost certainly had some effect.
How so? A decentralized open source platform with no owner which has a 500B market cap and 220 millions users.
I feel like that’s exactly what we are talking about. I understand the negative sentiment over crypto, but this is a fact.
Or maybe the difference is that it hasn’t stifled some competitor platform yet. I can agree with that because it’s not a parallel in that it’s competing with nothing.
Do people either make money or think they’ll make money simply by using the Fediverse? One can certainly advertise via guerrilla marketing on a Fediverse platform but it’s far more lucrative to advertise on mainstream social media.
Are you saying brands don’t want to come to the fediverse to market their products? I mean if that’s true that seems like a good thing, and even if it wasn’t I’m sure they would once Lemmy/Mastadon are big enough
No I’m pointing out why the comparison to Bitcoin is inaccurate. It’s like saying that your open-source software project will work because the Linux kernel worked. The sole point of similarity has little relevance.
The Fediverse isn’t asset speculation, Bitcoin is.