Bluesky's Emergence: Bluesky, a decentralized social networking protocol led by CEO Jay Graber and initiated by Jack Dorsey, is gaining popularity due to its emphasis on privacy and user control, particularly in light of recent policy changes at X (formerly Twitter).
User-Centric Growth: The platform attracts users dissatisfied with X's policies through community-driven moderation, but it does not influence the crypto market as it lacks financial incentives like tokens or blockchain integration.
