Oh brother you don't even know. Just go read the comments under normie videos talking about it. Most people embrace it because it's an antagonist to Twitter. People will join for yet another dose of short term dopamine, while sacrificing their privacy and right to free speech, just to create a WeChat clone with probably embedded system like the Italian Satispay and Io. I'm so fucking sure that I'd bet money on it

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This is what Bluesky is for, and Mastodon before it. It won't be as successful as either.
Satispay is a government issued wallet, directly linked to your bank account with which you can pay, exchange money with your friends and also pay taxes. All under the government watchful eye.