I found myself chatting with my dad and brought up the topic. I couldn’t come up with any actual advantages a federated platforms had. The main reason I use any federated platforms is because they’re either not as enshittified as the alternatives or run by huge dickwads. Since it mostly fits those criteria, I’m on Bluesky too, but once that goes I’ll either switch to another un-shittified platform or Mastodon.
But on its own, what advantage does a federated social media have?
Resilience. Federated social media is resilient against censoring and corporate takeover.
It.does however not help with eee attacks which I why most of us block threads and a lot will block other fediverse sized (or larger) single instances of eg bluesky etc.
Other, less important (to me) benefits are no algorithms, no profit motive, no ads.
The fediverse is just better in any way.