At the moment the internet is flawed, do you think the fediverse is the solution?
No it turns the problem from your account being owned by a company looking to turn a profit to random people on the internet. If we had a way of downloading our accounts and transferring instances then maybe.
the OP is about fediverse replacing mainstream social media. self hosting is not viable in this context.
Yes but people run these instances to get users and help the community grow. A company is trying to make money from it.
It’s a big difference because people hosting instances have no intention of making any money from it. It’s the open source mentality of sharing because it feels good to contribute.