it's not centralized

go to https://reddwarf.whey.party/ and all requests will be made to Constellation (a hobby project which tracks backlinks of records, which is completely independent of Bluesky PBC), the PDSes directly, and Bluesky's CDN (which is negligible since a CDN can be an easy replacement on a small scale)

this is literally the exact same for the fediverse. it is near impossible to own your data. if you want to own your data, you have to own others' data, and you're practically isolated in a black box unless you spam hashtags and spam follow people.

big instances still have a massive control over the entirety of the fediverse for whatever category (e.g. micro-blogging) they are in

may I ask how users are being exploited at this current moment?

1. "for profit"? how?
2. "super complicated" it's really not, just nobody on the Fediverse wants to spend 2 seconds looking into it to realize it's pros and cons over the Fediverse.
3. "steal all the talking points of the fediverse" you sound hostile af