correct. However, there are aspects of companies, such as Wall Street, that incentivize things that are against protocols and individuals.
Discussion
Going back to the old email comparison to moving identities, isn’t the goal to have a bunch of companies (including non-profit and public benefit corps) all building competing services that interoperate via a common identity standard? POP, IMAP and SMTP all survived the corrupting forces of Wall Street to enable billions of dollars of for-profit companies. Same for XMPP and messages. Isn’t that the goal with the next generation of social protocols?