Earlier quoted context omitted.
Well then everyone should feel stupid for not realizing you could make a billion dollars creating a sane sign-up and account management system for IRC.
...and push notifications, and offline message history, and a mobile client, and services that aren't hacky god-clients, and content storage, and previews/inlining, and.... About the only thing IRC has going for it is decentralization, and that's not very valuable in the market it seems. Seriously. IRC has had 30 years to get with the times. It's stagnated and been lapped by its competitors, and the efforts to improv…
https://irccloud.com has all these, done really well.
Offline message history you get also by running a server somewhere and just having an irssi in a screen/tmux.
Still my favorite protocol and I have some channels that I consider to be my favorite social network for about 10-15 years already.