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It's a no-brainer. I was an early addict of Usenet, and never found the same utility and community when everyone left for the bright shiny corporate sites (and usenet became harder and harder to access since it wasn't making any billionaires richer.) The Fediverse is what is needed to take the internet back. I just feel bad that it took me so long to start. I joined Mastodon in January and am a thousand times more active there than I ever was at the birdsite, because my account is growing and morphing to fit MY needs. The same will happen with Lemmy and Kbin, and I hope with peertube and all the others. I keep saying it...the Fediverse is what we should have been doing all along, rather than tolerating the billionaires because it was "convenient".
I have a similar background and I believe you're right. I'm behaving toward that outcome. We'll see how it turns out for us :)