Social media bans on teens risk strengthening Big Tech's grip on the sector, Bluesky exec warns
Bluesky's COO told CNBC that rules pushing teens off new platforms make it harder for alternatives to scale, reinforcing major social networks' distribution advantage. For crypto, that shifts user onboarding and attention away from DeSo projects and social tokens, creating modest adoption headwinds rather than an immediate market move.
"We're living in a world where it's almost impossible for smaller entrants to come in and build healthier spaces," Bluesky's COO, Rose Wang, told CNBC.
Why it matters
Slower youth onboarding reduces network effects that fuel decentralized social platforms and token utility, keeping engagement and wallet flows concentrated on incumbent, centralized platforms.
What could go wrong
If regulators pursue interoperability, antitrust action, or policy changes that open distribution, DeSo adoption could accelerate and reverse this read.