In my case, I don't care about the "privacy protection" of a given social network: I assume that everything I post is public (except private messages), so I filter what I upload based on that assumption.
Things I do care about:
-No censorship
-Chronological feed
-Open source & non-abusive client. (i.e. no tracking what users see or read)
-Good usability
I don't care about abusive content or fake news. If I see fake news, I just stop following whoever posted it.
So, under my criteria: decentralized > facebook