Why Canada is such a great place to have a social media website
(www.zerohedge.com)
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The issue is $$. I take big bucks to run a social media platform that can only be gained by 2 biz models; subscriptions (removes anonymity) or advertisers (they won't touch it).
That's the benefit of being decentralized though. It won't cost big bucks.
Content is cached locally on thousands of computers owned by individuals, not large tech companies.