Do people actually believe the 70 million Threads users number?

Iisn't this the company known to have lied about video's popularity. casually destroying an entire industry?

@e_urq i believe it as the number of people who signed up for Threads with their existing Instagram account, which does not necessarily correlate 1:1 human:account

user is a stretch beyond that even - does having signed into a service a user make?