Microsoft Buys GitHub and the Crypto Community Isn't Happy About It

Microsoft publicly announced that it is buying GitHub for $7.5 billion - a move that has left many in the Bitcoin and blockchain community seething, and jumping ship over to GitHub's competitor, GitLab.

In Microsoft's recent blog post, they spoke about their open source journey and ambition to empower developers, accelerate enterprise developers and to bring developer tools to new audiences.

"Developers are the builders of this new era, writing the world's code. And GitHub is their home."

As many people know, the crypto Twitter community is quite a vocal one and was not pleased with the deal.

GitLab didn't hesitate when it came to making sure the jump was as appealing as it could be - they are offering new users 75% discounts on Gold and Ultimate memberships.

What is the reasoning behind the mass exodus to GitLab? Bitcoin was adopted early on by cypherpunks and is generally a community that is looking for more decentralization.

So when a corporate giant such as Microsoft takes over the platform that is cherished by so many in the crypto community, it caused quite a bit of concern.

The frustration has led to other members of the crypto community suggesting making a move to Keybase, and wait to see if GitLab can handle the increase in traffic.

Whether or not Microsoft will make the same mistakes with GitHub as it made with Skype are yet to be seen.

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