| This is where I’m getting suspicious. 30M isn’t a trivial amount of money… @Andrew_nenakhov’s comment is on point. Normal initiatives of this kind are organized differently. This doesn’t look good regarding the future stability of the initiative. --- On top of that @sprash has mentioned some valid concerns about Matrix being a potential metadata sponge (below in the comments). Let me add some food for thought for you. Maybe you’re going to get suspicious too. a) On the Matrix website, the one with the news about getting the 30M, we’re being given only two kind of information: who’s behind the leading round regarding the investments made, and what features are going to be developed due to that donation. Now, we know nothing about who’s actually giving the money, because both Protocol Labs and Metaplanet serve as proxies here. On top of that pointing the reader to the new features part seems to me like a: „forget about the money part, take a look on what we’re going to do with that, take a look on all those shiny things!!!”. b) Both Protocol Labs and Metaplanet are kind of famous companies (proxies). The second one invested in the Boring Company for instance. It just looks so good. It’s like a miracle. Matrix is getting attention it deserves… But why on earth that happened? (take a look on (c)). c) Protocol Labs has strange ties to World Economic Forum [1][2]. They are interested in Protocol’s work in the internet space in general. I don’t like that at all. I fundamentally don’t trust WEF and I consider whatever they „touch” cancer. --- I’m on the market for something that’s going to help me and my friends replace Signal. Matrix looks very promising, but after a careful consideration it also looks like it really might be a metadata sponge. Yeah, it’s all rumors, and establishing real information about the parties involved and their motivations isn’t possible. But a suspicion is enough. It looks almost too good... This is how I decided to go with XMPP instead. Good luck. Make your own informed decisions. --- [1] https://www.weforum.org/organizations/protocol-labs [2] https://www.reddit.com/r/ipfs/comments/os8plh/the_world_econ... |
[0] https://www.theregister.com/2021/07/27/element_seriesb_thirt...
[1] https://www.youtube.com/results?search_query=jaan+tallinn