Businesses are naturally going to end up prioritizing the desires of the majority of their customers and for “free”, ad-supported[0] social media that isn’t their userbase.

I’d like to see Bluesky’s long-term business plan and what they will do when someone inevitably wants return on investment.

[0] Yes, this describes all of current social media, but it doesn’t have to be this way. This business model should not be legal: as long as there is one “free” social media platform, that is the platform that is going to be used, simply because even $1 is infinitely more than $0 and no one can compete with free.

That remains to be seen. Typically, the userbase is the product for a social media company, not their customers. Which means without a sizable enough userbase, there is nothing to actually sell to their customers. Bluesky has claimed to be different, but they are very much still in the early phase of trying to attract enough users so they need to cater to those users' priorities and decentralization simply isn't a priority that will attract many users.