this post was submitted on 24 Sep 2023
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Everybody wants to be We Chat.
And WeChat sucks. The only reason it dominates in China is because the government mandated a bunch of social control stuff to run there making it virtually mandatory just to exist in China.
Western VCs wished they could have their shitty app being mandatory.
Look at El Musk and his "X app" obsession. He wants it so bad he burned the brand he paid BILLIONS to acquire just to chase his everything app.
I think part of his plan was to quickly roll crypto into it... but then by the time he actually acquired it Crypto took a huge downturn.
even the fediverse (kinda)
not really tbh