Back on the Fediverse, Fedi Tips raised valid concerns about Bluesky being funded by a company literally called "Blockchain Capital." Very creative, guys. They suggest this means they were brought. While I agree with their worries about blockchain companies being laser-focused on Bluesky since Dorsey left for Nostr, I'm also not leaving.
As a few people on this site have stated before, Bluesky, like WhiteWind itself, is just the client (AppView). They both coexist within their own namespace, and have their own ecosystems. It is possible to move from Bluesky to another, thanks to Personal Data Servers. Personal Data Severs (or PDS) and the rest of the protocol are modular. That, plus the client and relay, make up three core components of ATProto.
This isn't like Threads, which, despite being based on ActivityPub, might as well be a dictatorship run by North Korea. This is because, for all the praise I once gave ActivityPub (and still do), it does suffer from being a "full stack" protocol. It isn't modular. You can't separate interface from the database like you can with Bluesky. That means Threads has every motivation to pull the rug, like Google did with Talk and XMPP.
In fact, Threads has already done that while back, isolating themselves from the wider Fediverse. They did so in a timespam shorter than Google's and expected no one to notice!? I can't even get to them, and I don't see myself anywhere on their laundry list of blocked websites. The president is on Threads, but because Zuck has gone and built a wall higher than Mt. Everest, I can't see or follow them!
Meanwhile, Bluesky themselves actively encourages you to self-host their client (as long as you rebrand it), PDS, relays and much more. There's already tons of PDSs hosted out there on the web today. So, Blockchain Capital may have the funds, but we have the power. Not something you can often say in this economy.