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A critique of ATProto by @cwebber demonstrates this with clarity.

"When you build architecture that in theory anyone can participate in, but the barrier to entry is so high so that only those with the highest number of resources can participate, then you've still built a walled garden. -- Morgan Lemmer-Webber, (summarizing things succinctly in our household over breakfast)"

https://dustycloud.org/blog/how-decentralized-is-bluesky/

@robin @khinsen