So... "federation" without control? What's the point?
They stress that a difference between their federation and ActivityPub is that on ActivityPub "your “instance”, or server, determines your community, so your experience depends on which server you join" while for them "On Bluesky, your experience is based on what feeds and accounts you follow, and you can always participate in the global conversation (e.g. breaking news, viral posts, and algorithmic feeds)." and "Moderation on Bluesky is not tied to your server, like it is on Mastodon. Defederation, a way of addressing moderation issues in Mastodon by disconnecting servers, is not as relevant on Bluesky because there are other layers to the system."
The big difference is that I can't choose an instance that blocks/does not interact with the servers loaded with Nazis, terrorists, and/or child abusers? Why the hell is it of such paramount importance to Jack Dorsey that the rest of us are forced to interact with Nazis?