Earlier quoted context omitted.
It's a good idea, but it's not clear how to navigate it. Centralized social media is easier to participate and browse.
Centralized social media is the reason why we're in the mess we're in right now. Eventually, someone will come up with an effective way to navigate decentralized social media. It will likely mirror what Google did for Web 1.0.
Once you get a way to navigate federated things, the navigation becomes the core of the experience.
The crux of the internet experience is that Quantity is a quality in itself. Once the navigation window becomes core, and handles the highest volumes, it’s easier to streamline monetary rewards to a single place.
Federated communities that work better with whatever navigator/window/Tool is created do well, and will have more resources to expand and gain users.