Also, the incredible increase in the price of bitcoin, not just from its initiation, but in, for instance, the past ~10 years, since it first reached $1000, is surely helping inspire cryptocurrency activity. People say, "Look, this could be the next bitcoin!"
It seems like a brief moment now, but there were the years in the 2000s when blogging was new, and growing rapidly, and it felt quite a bit like the "free community of users" that people had hoped for the Internet to be. Substack is a return to that with a bit of social media overlay, in my eyes.
Also, the incredible increase in the price of bitcoin, not just from its initiation, but in, for instance, the past ~10 years, since it first reached $1000, is surely helping inspire cryptocurrency activity. People say, "Look, this could be the next bitcoin!"
Indeed, hence the memecoin mania, which I don't participate in, but it has made some people lots of money.
It seems like a brief moment now, but there were the years in the 2000s when blogging was new, and growing rapidly, and it felt quite a bit like the "free community of users" that people had hoped for the Internet to be. Substack is a return to that with a bit of social media overlay, in my eyes.
"But then Musk bought Twitter, and it much improved, and we all feel safe again, and so there was no need to run away anymore."
Hmm.
Well, I don't know if we are correct in that feeling, but I do think that is what happened! Time will tell.
I am actually thinking that even if you are correct in your feeling, perhaps it was time to quit the Cult of Free anyway.