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*
In every meaningful way from a power dynamics perspective *EXCEPT* the category of "credible exit" (which I am saying and agreeing is a good idea!) Bluesky is centralized.
MAYBE another big corporation could come along and host all this stuff but that's adding a Bing to our Google