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Unless we get access to internal documents from Meta, we can only guess at their reasoning.
As such, their goal shouldn't directly factor into our decision. If federating with Threads is good for our community, we should do it. If it's bad, we should either not do it, or defederate.
I still haven't seen any reasons anyone thought were positive besides more people.
More people is pretty significant. AFAIU the Lemmy monthly user base is in slow decline.
At this point, most of my Everywhere feed is bots with occasional posts from people. A minority of posts have comments. I see the same few dozen users commenting on stories.
Granted, that's an effect of the instances my host pulls from, but it seems like a bad sign.
You could make the argument that Threads users might have different interests, but (IMO) that's secondary to the lack of organic content.
It's not in serious decline though, I don't know what numbers you're talking about. Also, Meta lost 80% in their first month, which I think would make them 20 million users. I looked the other day to find actual numbers, they must be super low because I couldn't find any, zilch, nada that were current. We're at around 1.5 million, we're doing fine. Next reddit fuck-up will probably double it. We honestly couldn't handle too much more anyway plus threads doesn't provide us any with content, we're the zoo.
https://lemmy.fediverse.observer/stats&months=12
The "Active Users Monthly" stat shows a slow decline after the Reddit migration.
Posts by month is going up, as is comments. Which is good.