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Be Wary of Bluesky
(kevinak.se)
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It obviously matters whether the data and control is mostly in one company's hands, not just whether it is in "many repositories".
Do you not get 'open on the internet'? All the three letter agencies hoover the data up, your countries equivalents do as well, other companies. It's only a bit in one companies hands, because it's 'open on the internet', just like xitter, facebook, tiktok, their walled gardens don't stop state level actors, just us plebs (a bit). That just leaves control (in real time), some power, some money there, but long term it's the data that counts.
I don't think you're even talking about the points the article makes... You probably wouldn't want them selling your data either but this is more about avoiding the kind of fate Twitter had.