Remember Open ID? It was to save us from the tyranny of Passport.NET and co. Geeks rallied behind it.
Remember Diaspora? It was to save us from the tyranny of Facebook. Geeks rallied behind it.
Remember App.net...?
The history of geeky "open" (or ad-free or whatever) alternatives to commercial social media services is littered with corpses. What geeks never learn is that social media services can't survive if the only appeal of the service is some righteous motivation that only they care about.
Sooner or later even geeks realize that using a "better" service to talk to nobody isn't very useful.
I know it seems easy to be Captain Obvious now that App.net is falling apart, but just you watch. Soon enough it'll happen again (and then again, and again).