This is just wrong. Another platform similar to tiktok(spark) is in beta with their own infrastructure outside of all Bluesky servers and they have to deal with their own moderation. They can choose to read in any Bluesky data they please and bluesky can do the same with theirs.

If Bluesky shuts down all servers tomorrow they still exist. The federation is simply adopting their Lexicon into your relay and appview.

If you want a microblogging platform specifically you can easily run your own infrastructure similar to running an instance, intake all BlueSky posts and if Bluesky shuts down your app will continue operating using BlueSkys lexicon, however you’ll have to manage your own moderation.