#BlockchainCapital

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⚯ Michel de Cryptadamus ⚯man <a href="https://universeodon.com/tags/BlueSky" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlueSky</a> is already totally infested with crypto spam bots huh. hardly surprising when one of its owners is the OG crypto VCs <a href="https://universeodon.com/tags/BlockchainCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlockchainCapital</a>... cc: <a href="https://mastodon.online/@mastodonmigration" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@mastodonmigration</a> <a href="https://universeodon.com/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#crypto</a> <a href="https://universeodon.com/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#cryptocurrency</a> <a href="https://universeodon.com/tags/spam" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#spam</a> <a href="https://universeodon.com/tags/spambots" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#spambots</a>

FreeSchool = W🔁rk T🔁gether☑Cory Doctorow vs Molly White <a href="https://qoto.org/tags/Quotes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Quotes</a>💬 <a href="https://qoto.org/tags/Enshittification" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Enshittification</a> comes naturally from capital invested or *the leverage* from capital invested?<a href="https://mamot.fr/@pluralistic" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@pluralistic</a> vs <a href="https://hachyderm.io/@molly0xfff" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@molly0xfff</a> (framed as "vs" just to get some reply points from people and potential answers about comment below...)💬 Molly says "Cory Doctorow provides his perspective on Bluesky, including on their recent funding round. I particularly like his point: “Plenty of people have commented that now that a VC is holding Bluesky's purse-strings, enshittification will surely follow (doubly so because the VC is called ‘Blockchain Capital,’ which, at this point, might as well be ‘Grifty Scam Caveat Emptor Capital’). But I don't agree with this at all. It's not outside capital that leads to enshittification, it's leverage that enshittifies a service.”📋 Website Post by <a href="https://hachyderm.io/@molly0xfff" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@molly0xfff</a> <a href="https://www.citationneeded.news/issue-69/" rel="nofollow noopener noreferrer" target="_blank">https://www.citationneeded.news/issue-69/</a><a href="https://qoto.org/tags/CoryDoctorow" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CoryDoctorow</a> vs <a href="https://qoto.org/tags/MollyWhite" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#MollyWhite</a> <a href="https://qoto.org/tags/Quote" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Quote</a> ❓ <a href="https://qoto.org/tags/enshittification" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#enshittification</a> = <a href="https://qoto.org/tags/capital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#capital</a> <a href="https://qoto.org/tags/investment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#investment</a> <a href="https://qoto.org/tags/funding" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#funding</a> ? ❓ <a href="https://qoto.org/tags/Grifter" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Grifter</a> <a href="https://qoto.org/tags/Scam" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Scam</a> <a href="https://qoto.org/tags/CaveatEmptor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#CaveatEmptor</a> <a href="https://qoto.org/tags/Capital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Capital</a> <a href="https://qoto.org/tags/Capitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Capitalism</a> <a href="https://qoto.org/tags/Bluesky" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Bluesky</a> <a href="https://qoto.org/tags/Blockchain" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Blockchain</a> <a href="https://qoto.org/tags/BlockchainCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlockchainCapital</a>⭐ Images Credit: Molly's image + my edit by enlarging objects + adding ".news" in bottom right ( ⚠️ let me know Molly if this image is problematic)

Bob LeFridge :tinoflag:I'm sorry if I bang on about this, but since October BlueSky has effectively been owned by one of Steve Bannon's mates via a company called "Blockchain Capital LLC".Do most BS users not realise this?Enshitification is guaranteed. I'd give it 3-5 years max.<a href="https://mastodon.thenewoil.org/@nateb" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@nateb</a> <a href="https://mastodon.nz/@phil_stevens" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@phil_stevens</a> <a href="https://mastodon.nz/tags/BlockchainCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlockchainCapital</a>

Bob LeFridge :tinoflag:If you're comfortable providing free content for (checks) "Blockchain Capital LLC" and have faith that they won't enshittify BlueSky, then good luck to you.I'm sure you know that Blockchain Capital is now the majority BlueSky shareholder, and that it's run by a friend of Steve Bannon's. But hey... maybe they'll turn out to be good nazis, unlike Twitter.Sorry... but I have trouble with people trusting the blockchain bros & hoping they've found Twitter Mk II.<a href="https://mastodon.nz/@mattb" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@mattb</a> <a href="https://mastodon.nz/tags/BlockchainCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlockchainCapital</a>

HistoPol (#HP) 🏴 🇺🇸 🏴<a href="https://mstdn.plus/@jnye" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@jnye</a> <a href="https://toad.social/@wdlindsy" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@wdlindsy</a> <a href="https://mastodon.social/tags/BreakingNews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BreakingNews</a>*Major <a href="https://mastodon.social/tags/RedFlags" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#RedFlags</a> regarding <a href="https://mastodon.social/tags/Bluesky" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Bluesky</a>*Via <a href="https://mastodon.social/tags/DaveTroy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#DaveTroy</a>"1/There is nothing more embarrassing than watching hordes of liberals willingly herd themselves into a pen funded by <a href="https://mastodon.social/tags/Russian" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Russian</a> capital. 👉Blue sky’s principal funder <a href="https://mastodon.social/tags/BlockchainCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlockchainCapital</a> LLC is run in part by <a href="https://mastodon.social/tags/KirillDorofeev" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#KirillDorofeev</a>, who also works for VK, <a href="https://mastodon.social/tags/Russia" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Russia</a>’s state social network👈..."<a href="https://toad.social/@davetroy/113493454665487197" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://toad.social/@davetroy/113493454665487197</a><a href="https://mastodon.social/tags/Blockchain" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Blockchain</a>

Bob LeFridge :tinoflag:Maybe because since October 2024 its majority owner is a company called "Blockchain Capital LLC", which just happens to be owned by one of Steve Bannon's mates. Could be that. Just a thought. <a href="https://indg.club/@mementomaori" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@mementomaori</a> <a href="https://mastodon.nz/tags/BlockchainCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlockchainCapital</a>

Adrian Segar<a href="https://mastodon.social/@DrPen" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@DrPen</a> <a href="https://toad.social/@davetroy" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@davetroy</a> <a href="https://infosec.exchange/@thenexusofprivacy" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@thenexusofprivacy</a> As requested:— Blockchain Capital's post about lead funding Bluesky's $15M Series A on 10/24/24: <a href="https://www.blockchaincapital.com/blog/bluesky-13m-users-and-growing-our-investment-in-blueskys-re-imagined-social-network" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.blockchaincapital.com/blog/bluesky-13m-users-and-growing-our-investment-in-blueskys-re-imagined-social-network</a>— BC's relationship with Brock Pierce: <a href="https://decrypt.co/6876/is-blockchain-capital-trying-to-scrub-co-founder-and-mighty-ducks-star-brock-pierce-from-its-history" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://decrypt.co/6876/is-blockchain-capital-trying-to-scrub-co-founder-and-mighty-ducks-star-brock-pierce-from-its-history</a> <a href="https://mastodon.social/tags/BlockchainCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlockchainCapital</a> <a href="https://mastodon.social/tags/Bluesky" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Bluesky</a>

Adrian SegarConsidering Bluesky?Please bear in mind that <a href="https://mastodon.social/tags/Bluesky" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Bluesky</a> is:—Funded by <a href="https://mastodon.social/tags/BlockchainCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlockchainCapital</a>: • co-founded by Steve Bannon pal Brock Pierce, a major crypto advocate, and close friend of Eric Adams • run in part by Kirill Dorofeev, who also works for <a href="https://mastodon.social/tags/VK" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#VK</a>, Russia’s state social network.—A venture-funded startup, so once they need to monetize they're likely to turn to an exploitative business model.Sources: <a href="https://toad.social/@davetroy" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@davetroy</a>, <a href="https://infosec.exchange/@thenexusofprivacy" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@thenexusofprivacy</a>

Jure Repinc :linux: :kde:<a href="https://mastodon.social/@pixplz" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@pixplz</a> <a href="https://kolektiva.social/@igd_news" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@igd_news</a> "crypto bros at <a href="https://mstdn.io/tags/BlockchainCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlockchainCapital</a> bought a huge stake in <a href="https://mstdn.io/tags/BlueSky" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlueSky</a> just a few weeks ago. Like these are basically the same crypto bros who just helped <a href="https://mstdn.io/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ElonMusk</a> buy Twitter. They might even be literally the same people (I strongly suspect they are but I'm too lazy to check). Either way <a href="https://mstdn.io/tags/BlockchainCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlockchainCapital</a> was co-founded by <a href="https://mstdn.io/tags/BrockPierce" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BrockPierce</a>, who also brought you <a href="https://mstdn.io/tags/Tether" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Tether</a>, AKA the company that Trump's transition team chairman manages $120 billion for." <a href="https://universeodon.com/@cryptadamist/113472115447080382" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://universeodon.com/@cryptadamist/113472115447080382</a>

Maxi 10x 💉<a href="https://mastodon.social/@sixtus" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@sixtus</a> Weitere Einordnung:»Like these are basically the same crypto bros who just helped Elon Musk buy Twitter. They might even be literally the same people (I strongly suspect they are but I'm too lazy to check). Either way <a href="https://chaos.social/tags/BlockchainCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlockchainCapital</a> was co-founded by Brock Pierce, who also brought you Tether, AKA the company that Trump's transition team chairman manages $120 billion for. Pierce is also a friend of the Netanyahu family.«<a href="https://universeodon.com/@cryptadamist/113472115447080382" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://universeodon.com/@cryptadamist/113472115447080382</a>

jordi :palestina:⚠️ <a href="https://xarxa.cloud/tags/Bluesky" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Bluesky</a> recapta 15 milions de dòlars de la inversora de capital de risc <a href="https://xarxa.cloud/tags/BlockchainCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlockchainCapital</a> i, Kinjal Shah, de Blockchain Capital, s'unirà a la junta directiva de Bluesky. <a href="https://techcrunch.com/2024/10/24/bluesky-raises-15m-series-a-plans-to-launch-subscriptions/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://techcrunch.com/2024/10/24/bluesky-raises-15m-series-a-plans-to-launch-subscriptions/</a>Sortir del foc per caure a les brases? 🤨

⚯ Michel de Cryptadamus ⚯For some reason people fleeing the sinking <a href="https://universeodon.com/tags/Twitter" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Twitter</a> / <a href="https://universeodon.com/tags/X" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#X</a> ship for <a href="https://universeodon.com/tags/BlueSky" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlueSky</a> don't seem to be aware of the fact that crypto bros at <a href="https://universeodon.com/tags/BlockchainCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlockchainCapital</a> bought a huge stake in the company just a few weeks ago. Like these are basically the same crypto bros who just helped <a href="https://universeodon.com/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ElonMusk</a> buy Twitter. They might even be literally the same people (I strongly suspect they are but I'm too lazy to check). Either way <a href="https://universeodon.com/tags/BlockchainCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlockchainCapital</a> was co-founded by <a href="https://universeodon.com/tags/BrockPierce" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BrockPierce</a>, who also brought you <a href="https://universeodon.com/tags/Tether" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Tether</a>, AKA the company that Trump's transition team chairman manages $120 billion for. Pierce is also a friend of the <a href="https://universeodon.com/tags/Netanyahu" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Netanyahu</a> family.You don't have to take my word for it. Here's the official press release: <a href="https://bsky.social/about/blog/10-24-2024-series-a" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://bsky.social/about/blog/10-24-2024-series-a</a>Moving to BlueSky is not an escape. Growing a base there is just putting in a bunch of work to create a platform that will be co-opted by crypto bros as soon as X breaks in half.p.s. crypto bros (<a href="https://universeodon.com/tags/a16z" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#a16z</a>) also own <a href="https://universeodon.com/tags/Substack" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Substack</a><a href="https://universeodon.com/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#crypto</a> <a href="https://universeodon.com/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#cryptocurrency</a> <a href="https://universeodon.com/tags/bitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#bitcoin</a> <a href="https://universeodon.com/tags/USDT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USDT</a> <a href="https://universeodon.com/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://universeodon.com/tags/DonaldTrump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#DonaldTrump</a>

Nicol WistreichI don’t know <a href="https://social.coop/tags/BlockchainCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlockchainCapital</a> – the main funder for <a href="https://social.coop/tags/BlueSky" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BlueSky</a>’s Series A announced this week – but as this weekend is the <a href="https://social.coop/tags/InterledgerSummit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#InterledgerSummit</a> in <a href="https://social.coop/tags/SouthAfrica" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#SouthAfrica</a> maybe this is a good moment to explore if things with their roots in Blockchain can be good for the non-blockchain world.<a href="https://interledger.social/@Interledger" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@Interledger</a> was conceived by Stefan Thomas –who created BitcoinJS & famously lost the password to his 7000+ Bitcoins– while he was trying to figure out why cross-border currency payments are so slow and expensive.

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#blockchaincapital