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this post was submitted on 24 Sep 2024
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I agree somewhat because of the premined coins fiasco but I'm not sure what else you could be referring to, if anything.
XMPP is not viable imo because of its approach to 'standards' and XEPs and that its e2ee is not always on and can be turned off, not to mention not necessarily not all that good encryption to begin with since most clients still use the old versions of OMEMO and the other methods of e2ee for it don't (yet) have PFS.