@EarlGrey07 I'm no expert, but I think that the microblog is for quick, mostly text-only conversations. A bit like this one. You can think of it as being like a Twitter or Mastodon feed embedded within kbin.
The articles in the Threads thing are more Reddit-like.
The other thing is that a Magazine can be set up to auto-populate its Microblog feed based on specific hashtags. For example if it has been set up that way (and I don't know if it has, I'm not a moderator of this magazine) then /m/ELI5 could have hashtags set for #ELI5 or #ExplainLikeImFive and then any post, anywhere on the Fediverse, which uses any of those hashtags will magically appear in the microblog here.