That may be true for some people, but isn’t a valid generalization. See the Brazil blocking Twitter situation.
Millions decided to give Bluesky a chance and a graph showed daily user activity quadrupling. Now, a not-insignificant portion are saying they refuse to return to Twitter because:
It feels less toxic and healthier
They have more control over their experience
They’re finally having fun with social media again
Sound familiar?
And I’m pretty sure Misskey has more features. Hell, Mastodon as well probably. Bluesky doesn’t even support video yet.
The first sin of the Fediverse isn’t being small, that’s the second. First is being a pain in the ass.