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A reminder in the age of the Fediverse: if you're not the customer, you're still the product.
(slrpnk.net)
OP was taking about Tumblr, but I think it applies even more to the Fediverse: users need to develop an ethos of paying to support the sites they use. Otherwise advertisers pay the bills and call the shots.
US and EU are both racing to implement an array of anti-freedom, authoritarian internet bills. What stable nation-state are you willing to fully entrust indefinitely with regulation of what you do online?
I do think the transmission infrastructure of the internet should be publicly funded and owned, but not what happens on the wires.