I'm late to this, but is Farcaster just Bluesky for eth bros?

Both are VC-backed protocol / client development efforts with a lack of credible decentralization incentives?

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What do you mean by lack of credible decentralization incentives?

I feel like they lack structural incentives to give up control. Giving up control weakens network adoption and potential monetization. It feels like all roads lead through Bluesky PBC or Merkle for single points of failure