The average user starts caring about censorship, AFAIK. And Bluesky has done very nasty ToS changes that only federation would have helped fight against.
But this is off-topic, because the ToS changes are mostly about porn, while this HN submission is about the professional use of Bluesky.
The only thing that would help with running sadly illegal in increasing parts of the world (including US) adult content servers would be not having a corporate entity.
It's difficult to fund rapid development at the scale needed, with that hobble.
But this is off-topic, because the ToS changes are mostly about porn, while this HN submission is about the professional use of Bluesky.