I posted this to both Bluesky and Mastodon just now.
I see people betting on the idea of federation in Bluesky.
At the same time, we should bet on simplifying Mastodon at scale.
Approach the problem from both directions.
We may need and not have federation in Bluesky at some point.
It couldn't hurt to have a better lifeboat.
This podcast goes into more depth of this idea.
There is a transcript.