I think this decentralization and federation is what web3 is all about, without all the corporations calling everything to do with monkey pixel art that costs a million dollars "web3"
The crypto side of web3 definitely felt way more "consumerist minded" with the way wallets were able to connect to multiple websites(exchanges) in order to "buy" things(alt/shitcoins). But federated social media feels like a much better use of decentralization so far.
Its the best of both worlds. Some things its better to have a little bit of centralization, sometimes having freedom to choose is important too. We have both here.