although this is unlikely to substantially and directly impact us and is a more immediate concern for Mastodon and similar fediverse software, we've signed the Anti-Meta Fedi Pact as a matter of principle. that pact pledges the following:
i am an instance admin/mod on the fediverse. by signing this pact, i hereby agree to block any instances owned by meta should they pop up on the fediverse. project92 is a real and serious threat to the health and longevity of fedi and must be fought back against at every possible opportunity
the maintainer of the site is currently a little busy and seems to manually add signatures so we may not appear on there for several days but here's a quick receipt that we did indeed sign it.
The details are under NDA and Facebook has a really bad history of having a terrible moderation culture. I don't see any reason based on their past history to believe that they will change.
It feels kinda like giving a gun to a serial killer and just waiting it out. It's an exaggerated analogy but I think it illustrates the point well.
Given the number of competitors they've killed or absorbed, you're not far off. Heck, they even stomped Google.