Meta has shown repeatedly that they aren't trustworthy. This is like watching a wolf eat every one of your chickens in the coop and then swearing up and down that if you let it in the hen house, it won't touch the chickens in there. Absolutely zero chance that they aren't going to try to take over and steal data and control it. Why else are they trying to come in? These corporations don't make moves like this unless they see a potential profit. I vote block.
Bingo. If Meta get their foot in the door, then the writing will be on the wall and the Fediverse as we know it today will slowly disappear. These huge corporations have extremely covert and efficient methods of influencing change and instilling their evil values which aren't fully-apparent until it's already too late.
If Meta get involved, personally, I'll be leaving, and will just accept that the internet will never again be allowed to exist in a free state; the system won.
EDIT: I also left all social media over two years ago, and this was largely because Facebook was making me remarkably unhappy and angry. I don't want them in my life full stop and have gone out of my way to rid my digital identity of any ties to corporate proprietary bullshit. I like it here precisely because it has no corporate overlord, and it makes me sick to think that Meta can just waltz back into my life in a space users largely want to be left alone in.
The more I read, the more I am in the camp of "let's not." Meta has rarely acted in the best interests of its own users; from their unethical experiments into causing depression to their privacy issue to... well, everything, they are classic examples of bad actors. The fediverse is not secure enough or big enough to counter Meta's takeover if we open that door... there's a reason we're in the fediverse and not the metaverse, after all.
The decision of whether to federate is up to the individual instances, and I'd not want it any other way. But I do think we should be encouraging instances to hold off on Meta-fying. Else, we'll be fighting Meta in a game that they're much better at than any of us are ever likely to be.
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