@rra well, the Fediverse currently has a few million users. It's still kind of small. Currently you can not follow your friends on Instagram or twitter. If Threads federates and blocks your server, it's still like it is now, isn't it? So we don't loose anything really, or not?
I understand your concern, but it could also be the other way around. Currently your friends loose their contacts switching from Instagram to Pixelfed. If Thread federates they can switch to Mastodon without loosing them.
@rra I have also described a potential future here: https://norden.social/@duco/110665374817177327
We will see how it will turn out in the future. There are some realistic risks that Threads will damage the Fediverse, but there also chances how it can improve the Fediverse. The Fediverse is decentral, so everyone can decide how they react to it. We can not stop them from implementing the ActivityPub standard anyway. So let's wait and intervene when it turns into the wrong direction.