Crypto? no. NFTs? yeah pretty much.

Bored Apes have dropped around 3/4 of their value over the past year. They’re still worth over $60,000, but anyone that bought them, or any other NFT, over the past year has taken a massive hit.

The real question is whether NFT prices will cycle with bitcoin when crypto prices spike back up or not. Crypto has always had crazy peaks and dumps, and that pattern will probably continue, but I think NFTs are just going to go to zero. There’s no real reason for crypto, so speculating on a thing that has no value that’s based on a thing that has no value is real dumb.

I have supported Discord with a nitro subscription for as long as I’ve had an account. It’s a terrific program and there’s no reason to expect premium features for nothing in return. The mentality that everything should be free is why we have so many fucking ad driven online business models and I’m over it. I pay for what I use if it’s a good service.

Just look at the ratio on this post for a gold confirmation of those numbers. 300+ comments and 1400+ upvotes. That a decent interaction ratio.

Even just upvoting is still participation as well. Wiki is different.

Wikipedia is a different concept though.

This is social media. Wiki is information. I come here to share thoughts, but I only go to wiki to find data.

Almost everyone on social media posts random bullshit. That’s why there are tons and tons of comments on every post.

Things like reddit and Lemmy probably have at least 50% participation from their daily active users.

No, there’s no indication that Meta cares about the Fediverse.

This is all just a bunch of hype. Yes, of course we’ll defederate if they try. I think that’s fairly obvious.

Uh, we need participation from everyone in order for the fediverse to have legitimacy. We unfortunately need those cringe users if we want large scale adoption. Without it everything stays small scale, developers aren’t attracted to the concept and people leave for functioning alternatives.

There’s a 90% probability that Threads takes over from the failing Twitter. Nothing will change. No one will learn anything. More of everyone’s data will be stollen.

It’s easy to missjudge how much of our society are just mindless drones.

Thanks for blocking that instance.

I tried to explain to their admin why the entire concept was bad for the fediverse but they didn’t seem to understand.

People can do whatever they want with their instances, but something like that should defederate themselves and live in a void.

That isn’t the way to try and build content or community over here. We have the high ground. We don’t need to stoop down to their level.

Yeah this is a good point.

It took me months to actually start using Lemmy and Mastodon. I would consider myself a tech savvy person and it still took a while getting used too. I think there need to be better tutorials linked on the sign-up pages that help people understand the basic concepts. That would help drive true user acquisition.

The beauty of the fediverse is that the last panel can’t happen.

We control our own instances. There’s no world where admins wouldn’t defederate from any Facebook attempt to barge in.

Maybe a few larger instances sell out, but users hold the power here now. If an admin betrays our trust, we’ll just make a new instance.

And some massive lawsuits to handle.