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People over profits is the real magic of fedi (mastodon.social)

submitted 1 month ago by [email protected] to c/[email protected]

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People over profits is the real magic of fedi

We're building the future ✨

No shareholders. Just people.

Yeah, we'll probably see monetization and corporate interests join the fedi, and that's okay because the power of the protocol lies in choice

And the best fediverse platforms are open source and mostly good stewards of AP interop

Y'all made this happen, us devs can only take so much credit ❤️

#fediverse

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[–] [email protected] 1 points 1 month ago (2 children)

@[email protected] the natural state of the web and other technologies is federated. Think DNS, Web, Mobile, Email and now social media.

Monetisation is not a dirty word because creators, developers, admins etc need to keep the servers on and the apps developing but profit maximisation above all else just for shareholders is not the goal of the fediverse.

Money is another industry that needs federation. e.g bitcoin micropayments called SATs sent P2P over the lightning network is the future.

[–] [email protected] 1 points 1 month ago (1 children)

@[email protected] bitcoin is not federated @[email protected]

[–] [email protected] 1 points 1 month ago

@[email protected] @[email protected] the ledger is decentralised. The wallet payments are peer to peer. The wallet providers are centralised bu there are many.