Here's a flaw with Bluesky you might not have thought of.
Bluesky's primary approach to moderation is to permanently ban people. However, this is antiquated approach from decades ago, and even Big Tech firms have been moving away from it for years.
For instance, if someone can persuade someone to stop something, this is almost always better than banning people.
Facebook and Twitter might take down a post and inform a user it's a violation of their policies. They might use time limited sanctions. This isn't limited to these two companies. Warnings have also become more prominent, although these are over-used in a manner that becomes noisy.
It wasn't Twitter's new owner who put that in place. It was the previous management.