Because the claims of people involved with cryptocurrency are historically very untrustworthy, that’s why.

The thing that got me interested is that BlueSky says it’s “decentralized” but the more I look into it, it’s only “decentralized” using a very narrow, highly technical definition of the term “decentralized”.

Cryptocurrency is the same. People with a financial stake in cryptocurrency often say it is “decentralized” but it’s only true if you accept their extremely narrow definitions of what that word means.