I'm perfectly fine being part of a community not driven by capitalism. It means there's a lot less incentive to create spam bots. I also can't run my own BlueSky instance, but I can run Lemmy/Mastodon pretty easily, just like an email server.
Edit: I didn't realize BlueSky was also federated, but just using a different protocol. I don't think that was an option back when I set up lemmy.
Personally I wish there was a better way to link multiple accounts together to say they're the same person. When I switched to hosting my own instance, I basically just abandoned my old account, but I would have loved to link them to have the history there.
We have the technology, it could be as simple as SSH keys, or like how bitcoin wallets are unique and don't require internet to verify a match.
Edit: I actually just discovered that this is one of the main feature differences between ActivityPub and BlueSky's AT Protocol. BlueSky has "account portability", and now that you can self-host it, I'm seriously considering setting it up. It would be really nice if we get an update that lets the protocols federate with each other. I think that BlueSky has said they intend to support ActivityPub federation in the future.