this post was submitted on 12 Jul 2023
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Let’s keep using it while it costs investors money then bail for matrix as soon as they start making money! That’s how we fight capitalism.
Element (and other crucial components of the Matrix ecosystem) received many rounds of investments including https://element.io/blog/element-raises-30m-as-matrix-explodes/ (These are investments, not donations.)
I would not be surprised if the usual bait & switch lock-in mechanism happens here as well.