If this place becomes the new twitter, the world will probably be a slightly better place for it and it's something I hope to see..
But somewhat paradoxically, Mastodon itself will become a worse place than it was, in part because of a few inevitable twitterlike characteristics it is taking on that simply go with the territory.
@hasmis That's kind of how I'm seeing it. The wider culture brings with it its culture war, its demands for power and attention, and its ever diminishing signal:noise ratio.
If you're an old Unix hand you certainly remember that usenet meme: "You're seeing this because you have proposed a technical solution to a social problem." Mastodon and the fediverse are a fine technical solution, one which even obviates one or two social, or at least socioeconomic problems. But the majority of them are immune to technical solutions, and they're boarding now.
Socially the "many eyeballs" effect will help; things that might fly with one moderator set will be deflected by others, and this might result in a somewhat better equilibrium being achieved. I don't really hope for more than that.