I honestly don't see the reason to hope for bluesky to win... I don't get this "credible exit". If bluesky choses to abandon it it might be feasible to make it into a decentralized network? Seems to me the decentralized future will have the same difficulties of getting people onto mastadon etc...
and what if they don't abandon it, but investors force it to be enshittified or it gets bought out by another billionare with horrible motives. It just seems to me like kicking the can down the road.