#techmedia

hankg@friendica.myportal.social

Anyone who has been on the fediverse for more than a few years knows how these waves go. This one was the same just so much larger and with a larger bump in plateau. But we also knew this is how the tech press was going to cover the inevitable slump because they only know how to cover Silicon Valley techbro pitches which only understand a false dichotomy of “unicorns”/ “going to the moon” or “dying” for not doing so. The fediverse is not one entity much less company. I’ll take the wins and keep moving forward. I like being the underdog anyway. Best bright side is the VCs chasing the new shiny ball will maybe leave us alone and go back to doing their vulture capitalism play elsewhere. Unfortunately that may be to try to make fetch happen with crypto and NFTs again. #fediverse #TechMedia #slashdot #VultureCapitalism #Twitter #TwitterMigration
Screenshot of a Slashdot post title: “The Mastodon Bump Is Now a Slump” with description reading:<br>The fall in Mastodon's popularity suggests the decentralized platform is not a replacement for mainstream services. An anonymous reader shares a report: Twitter users put Mastodon usernames in their handles and trumpeted their migration. The new traffic knocked many Mastodon instances, or servers, offline. In less than two months, Mastodon's monthly active users climbed from 380,000 to more than 2.5 million. But not everyone stuck around.<br>Mastodon's active monthly user count dropped to 1.4 million by late January. It now has nearly half a million fewer total registered users than at the start of the year. Many newcomers have complained that Mastodon is hard to use.