According to PANews, decentralized social platform Bluesky has seen its user base surpass 12 million, positioning itself as a strong competitor to Elon Musk’s X (formerly Twitter). The report highlighted that Bluesky gained over 1 million new users in just 48 hours. The surge in users is attributed to a series of adjustments made by Musk to Twitter, including allowing third-party AI developers to use user data for model training and modifying the blocking feature, which has raised concerns about privacy and content control among users. Additionally, Twitter’s decision to shift its legal jurisdiction from California to the Northern District of Texas has sparked widespread discussion. Taking advantage of Twitter’s volatile situation, Bluesky has emphasized its user-centric policies and commitment to online safety. Previously, Bluesky experienced rapid growth in markets like Brazil during a time when Twitter faced bans and controversies. Bluesky’s decentralized structure and focus on user control has attracted those looking for an alternative to traditional social platforms, especially amid growing concerns over AI data usage and privacy issues.#TipsTradingFutures
