Agreed. TL;DR Bluesky claimed to be an open network with a protocol and users wouldn't lose their identity, but these claims are false. Bluesky is a company and the protocol is controlled by them, making it unlikely that a serious competitor will step in. The identity system is not decentralized and the network is not truly open as posts are still routed through the Bluesky central server and users have no control of how their posts are handled.