Yup. PBC is just a slightly different flavor of a standard corporation. Bluesky have investors, they're burning investor money right now, they don't know how to monetize the platform yet, and when those investors come knocking for their ROI it's the same ol enshittification process all over again. No thanks. I don't care if the backend is FOSS as long as it all revolves around a corporation, especially one with the roots of Bluesky. If there grows a viable and open community and ecosystem out of that, completely self-sustaining without the need for the corporation, using the FOSS code (or perhaps preferably a fork of it), then that's a different story and that could be interesting.