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Joined 1 year ago
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Cake day: August 20th, 2023

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  • Not even that; 0.1% per trade would bring in a huge windfall. Even something negligible like 0.01% would bring in nontrivial amounts of revenue.

    The problem is that being above paying tax has become part of the identity of being rich, and the very idea of even a negligible amount of one’s wealth being taken away to be given to your inferiors is unacceptable, and the rich will defend every fluctuating cent of their wealth as a non-negotiable matter of honour, even if it means burning down the world.




  • BlueSky has already received funding from venture capital, and so will need to find a way to monetise its user base. Once enough people depend on the site for their social connections and friend circles, the promise of decentralisation will be quietly removed, APIs will be restricted (as on Reddit/Xitter), terms of service updated to ban circumvention, and the user-controlled algorithms modified to deliver your eyeballs to the advertisers and your data to data brokers, and before long, it’ll be an Instagram-style slot machine, where you mostly see ads and AI pink-slime, but keep pulling the lever in case there’s another update you care about in there somewhere.


  • Their US and Australian divisions are solid. The UK one varies, and has some decent people, but also has a persistent infestation of TERF/SWERFs. A few high-profile ones have left after their comments became irreconcilable with the paper’s ostensibly liberal/progressive line, but you still get regular Observer opinion columns about pronoun-mongers sexualising our children or other scare campaigns. There’s a rumour that the editor, Kath Viner, is herself a TERF and personally protecting them, though I haven’t seen any evidence one way or the other.