The European Central Bank Joins Bluesky, a Growing Rival to Elon Musk’s X Platform

The European Central Bank Joins Bluesky, a Growing Rival to Elon Musk’s X Platform

In a strategic move that signals growing interest in decentralized social media platforms, the European Central Bank (ECB) has officially joined Bluesky, the micro-blogging platform that is positioning itself as a direct competitor to Elon Musk’s X (formerly Twitter). The ECB’s decision comes at a time when Bluesky has garnered attention as an alternative platform to the social media giant X, which has undergone significant changes since Musk’s acquisition in 2022. Bluesky Emerges as a Social Media Alternative Amid Concerns Over X Bluesky was initially conceived as a decentralized alternative to Twitter, aiming to provide users with more control over the content they see and the platform's overall governance. Bluesky has been gaining traction as a potential rival to Twitter, which has faced criticism for its management under Elon Musk. Musk’s controversial actions, political statements, and policy shifts on X have raised concerns, especially within the European Union and among globa…