Bluesky is in Trouble
Bluesky was down yesterday and it looks for reasons (or excuses). Many users lose/lost interest, decreased/ceased participation (look at Mozilla), and a lot of the remnants at Bluesky is slop (plagiarised imagery and mindless botspam).
If x.com (Twitter) with a vastly bigger userbase cannot become profitable and if advertisers flee (ad sales reportedly collapse this year), there's little or no doubt Bluesky lives on "borrowed time", just like Google+ and lots of other such platforms.
Bluesky is a private company (unlike Bluesky Digital Assets Corp. in Toronto, that one runs a pyramid scheme!), so it's hard to know for sure just how much money it is losing.
Maybe it'll be "sold" (offloaded) to some bigger company, but Bluesky as a slopfarm (a growing problem) lacks value, it is mostly a liability. █
