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 Threads and BlueSky both have a problem that they are promising a deliverable (federation) that their users aren’t interested in. 
 @d0e5ad5c Truth, and while I don't know Threads at all I know Bluesky's future plans for Bluesky include a LOT of federation to minimize the efforts they need to go through for moderation and most of their users don't understand AND don't care about "composable moderation." Like, I think it's interesting as an experiment, but the bulk of users, for now, are staying right within the Bluesky universe.