Seems fine to me. Is this like the last 10 times twitter went "boom"?
What did you do, go to the homepage for 20 seconds to make that in-depth assessment on something very widely-reported for nine straight months now as an ever-engulfing dumpster fire?
It is not fine, take your pick: questionable leadership, wanton firings, bad policies, abuse/harassment, technical problems, legal trouble, fleeing advertisers
It seems like your own assessment of twitter comes from a very emotional place and not from personal experience using it.
Currently the only thing that costs money at bluesky is using your own domain name but making them manage the DNS for this so you don't have to.
Holding out for which one has the least baby talk crap