I don't think people are realising the danger the Fediverse is in.
The only thing stopping corporations and VCs taking over this place is that the Fediverse is spread out on many different servers, which makes it very difficult to purchase.
If most of the Fediverse ends up on mastodon.social, whic...
They aren't worried about matrix because ever since Musk bought Twitter people have suddenly started caring about mastodon and activitypub. Not that I agree with the toot but the assumption is that corporate actors can use this scenario and mastodon to jumpstart their twitter alternative or something like that. Because of this mastodon has been getting a lot of attention. People don't care about matrix yet.
Matrix also has incredible moderation abilities if you configure proper bots, and is very Discord like with guilds, plus no 8 MB media upload limit nonsense. But there is bloat as well compared to XMPP.