"Chat application" used to mean a simple thing, communication in short text messages.

Now, if it doesn't have audio/video, some channel/group type thing, it is labeled as "legacy" or "inextensible"?

Those are different categories that can coexist as different solutions.

XMPP and Matrix/Element are not competing in the same area. Matrix is something totally different.

And what does cryptocoin have anything to do with chatting 😂

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