The thing you often get seen thrown around is "it's amazing, I had no idea a decentralized protocol could just work like that! How on earth did they solve that in a decentralized system and so FAST too!"
It's simple: all those things "just work" because Bluesky is centralized.
Now yes, they are using decentralized techniques. Remember when I said content-addressed storage is a good idea and the fediverse should do it too? IT IS! (And as I also said, it's actually fully possible for the fediverse to do, more on that later.)
But the reality is, it's still *centralized*