Yep. And that’s far from the only way it could work out badly. I talk about this a bit in the section on “Bluesky is a useful counterweight to Threads”

Bluesky is far from perfect. They’re venture-funded, so likely to end with an exploitative business model. They’ve got a surveillance-capitalism friendly all-public architecture. It’s great that Jack Dorsey’s no longer on the board but he was.