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X's idiocy is doing wonders for Bluesky.
(htxt.co.za)
This is a most excellent place for technology news and articles.
Tl;Dr it isn't decentralized.
If you can build your own or selfhost each of the following to read and push back to all of the atProto protocol:
App
Backend Relay
Moderation
Algorithm
And you still say that's not decentralized I'm not sure what you're looking for nor what your definition of decentralization is.