this post was submitted on 12 Mar 2025
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I think some form of monetization is going to have to come to the federverse at some point. Money is what driver 95% of the internet. The point is making it sustainable and ensuring the money goes to the creators rather that a couple of greedy pigs that own massive corporations that have literally taken over the Internet. The internet has become what we see in geopolitics today. Lots of authoritarian, sovereign and non democratic countries. The Internet was born as an expression on democracy. In liberal democracies, you have (sustainable) capitalism that does not leave anyone behind (social welfare). The federverse is our hope to take internet back to the users but extremist ideas (no monetasation) will make this a missed opportunity. I hope someone is thinking about this.
A problem I see with monetization: most transaction systems are easily traceable and not really anonymous (Paypal) – closed source, while they rely on multinational mega cooperations (Paypal; Alipay; …). So to that end your account & character becomes easy to data-mine for that mega-co.
On the other hand: Any social network that allows for anonymity and new sign-ins will get spammed with Propaganda and AstroTurf in the long run.