We estimate that by 2025, Signal will require approximately $50 million dollars a year to operate—and this is very lean compared to other popular messaging apps that don’t respect your privacy.

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XMPP is the IETF Internet Standard while Matrix is just another custom IM protocol managed by a venture capital funded startup which keeps losing money.

I don’t disagree with that statement; however, that doesn’t make it something the general public will embrace. Its mess of extensions are top little too late. That ship has long sailed. And I say this as someone that prefers using XMPP for 1:1 chats

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