Not true. Everything made by BlueSky is open source, including the apps. Anyone can host their own data. Bluesky has said they have zero intention on opening

Not true. Everything made by BlueSky is open source, including the apps. Anyone can host their own data. Bluesky has said they have zero intention on opening advertising because the platform isn’t built for that paradigm. No investor or potential buyer would get ROI from an open network. If they tried, anyone could open a new public good atproto network and users could easily migrate their data. The very thing that gave Twitter value was it owned all its data. Bluesky does not own anyone’s data. They just host it. Bluesky has a new crypto investor with a board seat, but there are no signs the investor has made any demands. I think Bluesky will beat the odds.