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There's a good dynamic if the eternal September people stay on Twitter/Threads, letting the smaller networks remain smaller and worthwhile.

Recent blog post (which I haven't read yet) may be relevant.

We know that Mastodon.social will not.

Won't block Threads? Oh god.

Who cares? As I write this, Threads has 30 million users, 3 times the entirety of the Fediverse. But yes, surely they will block :)

Doubtful if federation will happen in the short term, seems like a few months away. If they even bother.