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Threads' New Terms and Conditions Affects the Fediverse
(wedistribute.org)
A community dedicated to fediverse news and discussion.
Fediverse is a portmanteau of "federation" and "universe".
Getting started on Fediverse;
Moving instances is easy, I don't see why you wouldn't do it. If you as a user block Threads then it'll probably only hide their stuff from you, while still sharing your posts and comments.
Yes it's easy but you need to erase all content you made in that instance first.
There is a ticket for moving profile between instances in lemmy, but it's still open since Dec 10 2021.
Moving user profile to a new instance #1985