Bluesky now has 30 million users.
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By "business risk", they just mean bad for the business, ethics aside
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You're not thinking evil enough, honestly. Two examples off the top of my head, each being fairly innocent mistakes: If you enter your phone number for 2FA, it's not going to be public-facing. It's their responsibility to keep that information private from internal and external threats. Ok, so what if it leaks... right? Oh, it turns out the hacker SIM swapped your phone number for the 2FA, and did a password reset on your account via support chat. Still no big deal, its just social media... Except you've been giving updates to all your patreon backers on your project that's shipping soon. It suddenly vanishes off the internet, replaced with a crypto scheme, and all your supporters just flooded your bank with chargebacks. Your attempts at getting your account back are met with silence and your supporters are now furious. Was any of that your fault? No. You get $100.
Let's try another example: Bounty programs are used by companies to collect bugs and other possibly exploits so they can be fixed. "Too expensive, nobody will know if there's a bug anyway." So the app on Google Play store gets installed by 30 million users with a critical flaw... if a very specific image is opened in it, the phone bricks. All the news sites cover the bug, pushing the image to the front page. You open the app and... Your expensive phone just died. Were you at fault for that? No. You get to join the arbitration group and get an individual settlement of $12.
Think more evil. Don't stick with the "I have nothing to lose" because you almost always have something to lose. The fact these terms were even thought of and written means you do have a financial investment in the platform.
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You have nothing to hide. Just sign away all your rights.
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And we should just accept that?
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Doesn't matter if you should or not. Point is you accept it or you don't use any service whatsoever.
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What do you think the closed beta was for? It was so they can get in and get on the moderator roster
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Looks like there's a viable alternative here.
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Really? Who are you going to sue here? And how much money do you think you can sue them for?
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That's why 2FA via phone number shouldn't be a thing
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I've gotten settlement money from it before
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Would you say it is a one in a 30 million occurrence, roughly?
It was an asspull example but there are similar cases in the past. Forced arbitration of any lawsuit you present for any reason is bad, be it as simple as their software accidentally bricking your phone or as major as an attempt on your life being ignored by the platform.
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I feel like we're going to have a similar issue a couple of years or decades down the line with Bluesky. People would be better off on the Fediverse instead.
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No, this time will be different, I swear!
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Funny, someone shared an article in another post about all corporate money going to Delaware, https://www.icij.org/inside-icij/2022/06/delaware-is-everywhere-how-a-little-known-tax-haven-made-the-rules-for-corporate-america/
