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Everything you just said is also true of mastodon.
Mastodon doesn’t have a single aggregated community. It’s fractured, such that joining one instance doesn’t guarantee access to another user’s content easily.
Is the same not true of Lemmy?
Yes. And just like with Mastodon, Lemmy doesn’t have anywhere close to Bluesky’s use base
Yeah I didn’t know Mastadon monetizes