Earlier quoted context omitted.
I know there are a ton of people who, like you, want alternatives. Unfortunately nobody is willing to pay for it. Advertisers (and governments and criminals) pay handsomely for surveillance-driven "free" platforms, but who will pay for the development, maintenance, productization, polish, and support of open decentralized alternatives? Users have been conditioned to believe that software should be free, and the more…
This problem is not nearly close to being solved, but if you look at the more general area around "crypto" (currency) , lots of projects are exploring novel forms of funding development, maintenance and usage of decentralized networks, either for themselves or as generalized solutions[1]. [1]: https://gitcoin.co/ (Obligatory disclaimer pre-acknowledging the drive-by comments when mentioning anything crypto on HN: yes…
It's the "bad neighborhood effect." A few people commit crimes, so a neighborhood becomes known as "bad." The people who don't commit crimes move out. Now most of the neighborhood's residents are criminals.
A lot of financial regulation is about maintaining the reputation of markets so that serious people will use them. If too many scams, bubbles, and other nonsense goes down, the market gets an overall bad reputation.