A fair point re priorities shifting, for sure. Though we'd run into the same problem if a super popular instance decided to sell its instance to, say, Google. There's nothing stopping that from happening, either. Bad actors are going to act bad; we just need to figure out how to mitigate their impact.

I have a fair bit of skepticism re nonprofits too. But beyond defederation, there's not much we can do to stop anyone (including Meta) from operating in this space.