I’m not sure what else I can say about it. Bluesky is a shareholder-owned company started by Jack Dorsey, one of Twitter’s co-founders. Current CEO of Bluesky has promised not to “enshittify” Bluesky with ads, but there’s nothing really holding them to that. There’s no federation, yet. Well, there is, but not the kind that makes platforms like Mastodon and Lemmy decentralized. That kind will require at best a lot of work and funding. There’s no guarantee it’ll happen. And no guarantee of interoperability with the Fediverse.

At any time, they could decide they’ve locked people in well enough that they can change all the rules and fuck over the users without any negative reparcussions to them. Just like Reddit and Facebook and every other platform that has enshittified lately. They could flood Bluesky with ads, sell your data, align politically with fascists, sell to Twitter, just straight shut down, or any number of evil things that leave their users with the choice to quit the platform and lose all their connections or grit their teeth and bear it.

On the Fediverse, if you don’t like something about your instance, you can switch instances and mostly still have contact with all the same content and other people. (For instance, on Mastodon, you can switch instances and keep your followers. The first Lemmy instance I joined shut down permanently, so I switched to Lemmy.World with basically no problems whatsoever.)