So maybe we could shamelessly copy that exact model for the new federated open-source Facebook replacement.
Edit: also, are we the problem?
Then you would be competing with every other social media startup along with the social media sites that have pretty much limitless resources.
Say your website is a success however, you basically have two options: go public and turn into facebook eventually, because your duty is not to the site anymore, it is to the shareholder and to the dollar.
or
don't go public and never get off the ground, because you won't be able to keep your programmers or compete with the tech giants.
Of course that would get routinely disrupted by the base providers, since that is direct intrusion into their precious data silos.
But it would be cool.
Because I'm not super interested in outright encryption of all my thoughts and activity. That actually broadcasts you/marks you. At this point I have a lot of trackers that have SOME information on me.
So I'd like a lot of obfuscation and noise inserted around what companies know about "me".
ie. I create a single account and my friends each create a single account and I create groups out of those friends, and then I share my photos with a group, and my friends can see and perhaps comment on the photos that have been shared with them.
How much would it cost per user per month to make this sustainably ad-free?
I hate ads in general and so provide me an option to pay for and remove it as well.
The problem with Facebook isn't that some people can see some things you don't want them to. "Privacy controls" are just a distraction from the real problem which is that Facebook can see everything.