oh, here's some JUICY rumored details about meta's plans for the fediverse
tl;dr "Meta will only federate with select larger instances from the beginning. There will be contracts which also provide for financial compensation for the instance owners."
can't entirely verify their validity but it's still worth posting just in case
#FediPact #barcelona #project92 #p92 #meta #facebook #fediverse #fediblockmeta #FediAdmin #MastoAdmin #threads
tl;dr "Meta will only federate with select larger instances from the beginning. There will be contracts which also provide for financial compensation for the instance owners."
can't entirely verify their validity but it's still worth posting just in case
#FediPact #barcelona #project92 #p92 #meta #facebook #fediverse #fediblockmeta #FediAdmin #MastoAdmin #threads
reshared this
MiKlo:~/citizen4.eu$ππ
•Charles U. Farley
•MiKlo:~/citizen4.eu$ππ
•MisterArix
•I can see a scenario where Meta Money becomes necessary to maintain large instances. Then Meta reduces the payout or simply stops paying the instances. The instances go bankrupt and sell themselves to Meta, giving them what they really wanted in the first place.
The real world analogy is the IMF and China saddling poorer nations with debt and then extracting a heavy cost through austerity and confiscation of resources.
MiKlo:~/citizen4.eu$ππ
•MiKlo:~/citizen4.eu$ππ reshared this.