Can’t a corporation just enter the space whenever they want to? Can’t they start or even buy out larger instances? Even if Lemmy does take off, wouldn’t this inevitably happen anyway if the space gets popular enough?
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Think about email. A lot of people use Gmail, Hotmail, or other big email providers. However, Oxford University can run its own email server for its own university community. The EFF can run their own email server for their own purposes. Google or Microsoft doesn’t get to dictate to Oxford or the EFF how they run their email server; and they can’t stand in the way of Oxford and the EFF sending email to one another.