And if the federated server you are on goes down. You lose everything. If the federated server you are on steals your information or censors you there is nothing you can do.
You have to choose a server that you trust. In centralized systems, you have no choice at all. If you can't find a trusted server, you can set up your own, ask a friend to do it for you, or pay someone to do this job. You are not bound to an artificial monopoly.
What are you talking about? Which server? They are federated systems with many independent servers.
And if the federated server you are on goes down. You lose everything. If the federated server you are on steals your information or censors you there is nothing you can do.
You have to choose a server that you trust. In centralized systems, you have no choice at all. If you can't find a trusted server, you can set up your own, ask a friend to do it for you, or pay someone to do this job. You are not bound to an artificial monopoly.