
There is another problem which keeps stocks like Tesla afloat when it really should have tanked a long time ago: Index funds based on indexes like S&P 500 etc., where investors are automatically buying Tesla stock when buying into the fund, which stabilizes the stock in question. Musk knows this and that was the exact reason why he tried to get indexes to bend the rules of inclusion for spaceX to be included in indexes earlier than usual. The grave consequences are people investing in index funds are directly milked. Pension funds often include indexes, so what Musk is doing there is in effect trying to steal from people who did not actively invest in SpaceX.
The problem for me was the decision process and the piss poor way it was communicated, plain and simple. I’m absolutely fine with the decision in itself, it’s their platform and they can do that if they feel like it.
But instead of voting on an single agenda point about a small TOS change in a closed members meeting and dealing with the consequences later, I would have appreciated open communication and discussion on that topic not only among the members but also the user base before making such blanket decisions. As far as I heard there wasn’t even a real discussion among the members, it was just a vote on a TOS change, which was introduced and advertised by a member shortly before the meeting took place. I could be wrong on the last point, but these kinds of salami tactics or “Vereinsmeierei” in an association would make Codeberg an unreliable platform for hosting a project.
Like someone else in here has said, this time it was banning Crypto and LLMs, next time it could be Ruby on Rails (because of their ties to the racist entrepreneur DHH) or whatever TOS change makes it through their members-only voting process. Again, that’s fine for Codeberg but it’s not a good place for any non-member to host a project.