Comment on Umm I think I'll just delete you instead

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afunkysongaday@lemmy.world ⁨1⁩ ⁨year⁩ ago

No. Everyone can use Signal technology for free in their own products. They are not selling it to anyone. Yes, some time ago moxie helped to integrate their encryption algorithm in WhatsApp and that’s that. Very likely that he / the foundation got paid for that service, but it’s not like Signal is funded by selling their technology to anyone. And for sure it’s not like they can’t match WhatsApp features because then WhatsApp would go down the river and they run out of funding…

I don’t know what to say but stuff like this makes me kinda angry. You read about moxie helping implement their encryption in WhatsApp at one point, and then came up with this story that Signal is somehow mainly funded by meta and Microsoft and can’t compete with their products because it would put ms and meta out of business and endanger their own funding this way. Like, please don’t make up stories like that, OK? It’s not a nice thing to do.

If you are really interested here are some actual facts on the matter:

On February 21, 2018, Moxie Marlinspike and WhatsApp co-founder Brian Acton announced the formation of the Signal Foundation, a 501©(3) nonprofit organization. The foundation was started with an initial $50 million loan from Acton, who had left WhatsApp’s parent company, Facebook, in September 2017. The Freedom of the Press Foundation had previously served as the Signal project’s fiscal sponsor and continued to accept donations on behalf of the project while the foundation’s non-profit status was pending. By the end of 2018, the loan had increased to $105,000,400, which is due to be repaid on February 28, 2068. The loan is unsecured and at 0% interest.

Source: wiki. Took me five seconds to google that. Again please don’t spread made up stories, thanks.

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