The main problem with the fediverse is that none of the people I want to read, post there. And they never will, because they are disparate sociopolitical demographics and the fediverse by design keeps them in separate instances that I at some level need to think about.

The majority use-case requires centralization, which is subject to the network effects that constitute 95% of Twitter's value. Great that it works for you and some others, but it cannot work for most.