Way back in 2023, Matrix was the jack of all trades but the master of none. It wanted to replace Discord but the video messaging was not stable enough. It wanted to replace Slack but message searching didn’t really work. It was still struggling to get a decent client and server implementation, and message loading times were a huge pain point.

Fast forward to today, most of the problems are still there. Give it a couple more years to cook.

Your tl;dr appears to be missing some important data. You can have an opinion but please don’t represent it as an accurate summary.

Things you crucially missed:

• Less open than every other service available
• Bills itself as the most open
• Server side source code is MIA
• No model card available. Evaluations, risks, biases, guardrails and safety measures unclear.

Can you be more specific?

FWIW Ente just added photo editing

Can you elaborate on buying monero at an exchange and then transferring it out? Do you mean that OP should

1. make a local wallet
2. make an account on a popular exchange
3. buy cryptocurrency on the exchange
4. transfer it to their local wallet

And would it be accurate to say that a local wallet can be maintained without a lot of system power, and can run on open source software? I assume that because any transfers that are sent to or from the wallet, are basically synchronized in the Blockchain, so there’s not a lot of data that needs to be stored on the user’s side.