Summary:
All props to Eric Lewis! cc ericlewis
This revert of revert of land of changes originally published in #24873 (with some slight fixes). The change removes usage of LocalData from the `<Text>` component.
After this change we only have ---one (maybe two)--- three components left using LocalData.
Reviewed By: mdvacca
Differential Revision: D15962376
fbshipit-source-id: 19f41109ce9d71ce30d618a45eb2b547a11f29a2
Summary:
Updates the paragraph component to use State instead of Local Data, part of the path to a Fabric TextInput 💯
## Changelog
[General] [Changed] - Fabric: Use State instead of Local Data for Paragraph
Pull Request resolved: https://github.com/facebook/react-native/pull/24873
Differential Revision: D15410979
Pulled By: shergin
fbshipit-source-id: 3c9517d2495a64c4dbd213b6efb5ff55287900e3