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@luca they should have come out publicly to clarify the confusion. They didn’t. And it speaks volumes, showing their moral compass. Of course the ambiguity added to the hype.
It took 9 DAYS to get the first news report that was fact-checked. Unbelievable.
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Must see from @euronews
Fact check: Is the EU launching a social media platform called #WSocial?
"A spokesperson for the European Commission told The Cube, Euronews' fact-checking team, that the EU is not launching or funding any social media platform, and that there is currently no EU-backed project called "W"
[...] W is a privately owned social media start-up incorporated in Sweden, backed by private investors mainly from the Nordic region."
Please share widely
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@renef @_elena @euronews W is not positioning itself as a Mastodon alternative. It's a centrally operated platform with algorithms, fundamentally different from Mastodon's federated model. W requires mandatory identity verification (to reduce bots) while Mastodon prioritizes pseudonymity. Very different beasts.
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@renef @_elena @euronews W is not positioning itself as a Mastodon alternative. It's a centrally operated platform with algorithms, fundamentally different from Mastodon's federated model. W requires mandatory identity verification (to reduce bots) while Mastodon prioritizes pseudonymity. Very different beasts.
@inVinnieVeritas @_elena @euronews W still acts as if there is no alternative to US social media, which is just bullshit.
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@inVinnieVeritas @_elena @euronews W still acts as if there is no alternative to US social media, which is just bullshit.
the people behind it are not techies and it shows.
The CEO spoke of a social media network on European cloud infrastructure as if it was a miraculous thing / never seen before.
HELLO? There are thousands of Fediverse instances fully hosted in Europe. And now some Bluesky PDSs too (only mentioning it because W is a fork of Bluesky).
I’d be shocked if W gets any traction / is still around a year from now
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the people behind it are not techies and it shows.
The CEO spoke of a social media network on European cloud infrastructure as if it was a miraculous thing / never seen before.
HELLO? There are thousands of Fediverse instances fully hosted in Europe. And now some Bluesky PDSs too (only mentioning it because W is a fork of Bluesky).
I’d be shocked if W gets any traction / is still around a year from now
@_elena @inVinnieVeritas I think it's fine they're trying, competition never hurts. What I personally dislike is how the media is ignoring Mastodon. I realize it's harder to use than "traditional" social media services, but that is no reason to act as if it doesn't exist.
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@_elena @inVinnieVeritas I think it's fine they're trying, competition never hurts. What I personally dislike is how the media is ignoring Mastodon. I realize it's harder to use than "traditional" social media services, but that is no reason to act as if it doesn't exist.
@renef @inVinnieVeritas I thought you meant « Mastadon » right?
Terrible joke but that’s how the media usually spell it… it’s as if they either ignore it on purpose or completely fumble their coverage (like Radio France yesterday that ran with a piece that claimed Eugen had quit his own network out of frustration with user behavior). Excuse me, what? It’s unbelievable
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Must see from @euronews
Fact check: Is the EU launching a social media platform called #WSocial?
"A spokesperson for the European Commission told The Cube, Euronews' fact-checking team, that the EU is not launching or funding any social media platform, and that there is currently no EU-backed project called "W"
[...] W is a privately owned social media start-up incorporated in Sweden, backed by private investors mainly from the Nordic region."
Please share widely
-
Must see from @euronews
Fact check: Is the EU launching a social media platform called #WSocial?
"A spokesperson for the European Commission told The Cube, Euronews' fact-checking team, that the EU is not launching or funding any social media platform, and that there is currently no EU-backed project called "W"
[...] W is a privately owned social media start-up incorporated in Sweden, backed by private investors mainly from the Nordic region."
Please share widely
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@sharan why would anyone want to join a billionaire-owned social media platform? 🫠
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@sharan why would anyone want to join a billionaire-owned social media platform? 🫠
@_elena I dunno. I was there, I'm not anymore. But having government as a failsafe for billionaires - I mean, the majority of those are in their pockets.
I think Mastodon is the only viable option at the moment.
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@_elena I dunno. I was there, I'm not anymore. But having government as a failsafe for billionaires - I mean, the majority of those are in their pockets.
I think Mastodon is the only viable option at the moment.
@sharan watch out you may draw the ire of Fedi enthusiasts. Maybe we can say that the Fediverse (with all its FOSS software solutions) is the only viable option?
There’s so much good stuff here, from Friendica to Sharkey, GoToSocial, PeerTube. Something for everyone ☺️
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@henryk no, USDC is reserve backed. the seller either decides to hold the USDC instead of the bitcoin, sell it for some other crypto asset, or redeem the USDC with Circle. it changes the seller’s portfolio, but USDC remains reserve-backed.
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@molly0xfff@hachyderm.io
Gonna be interesting to see how many "investors" get skint (and how many can afford the loss). Ain't no FDIC for speculative markets.
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@molly0xfff Injecting $1B demand is nice, but ... what's on the other side of that $1B? Isn't that supposed to hold up the stablecoin or something? Is the stablecoin now bound to bitcoin?
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@raisondetredev it mostly reads to me that they’re nervous about sinking bitcoin prices, and hoping to bolster them by a) injecting $1B of demand and b) publicly declaring their plans to do so in hopes that it will trigger others to buy
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@macfranc@vernissage.pnpde.social risposta da Mastodon glitch-soc
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@macfranc test risposta
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