Gaming chat platform Discord in early talks with banks about public listing

Bad idea. Matrix is incredibly costly to run by design. The eventual consistency model replicates everything to all servers which is wasteful, slow, & isn’t going to scale. Many medium-sized servers have shut down for storage & CPU+RAM costs—which causes refugees to seek more centralized nodes. Hell, we saw it a couple weeks ago Matrix begging for money since they can’t even afford to run their own servers anymore. You should put your money into a protocol that doesn’t treat chat like a blockchain & is efficient enough to reasonably self-host.

Mumble is a terrific VOIP program. It's audio quality and reliability are WAY better than discord. But it does not nearly have enough features to be a good replacement. It's missing features like being able to stream in-app, share videos, keep and pin messages in different channels, pinging system for people and groups... The list goes on. These are features that groups and communities have come to rely on.

An analogy would be like comparing an incredibly good tent to a shitty house. While the tent is probably comfier to sleep in, eventually you're going to want things like outlets, kitchen appliances, toilets, and showers which make the shitty house the better long-term choice.