This is what the Nostr people have been saying, and it's also why I've avoided Nostr even as a fairly strong Bitcoin advocate. I don't go to social media to transfer money; I go to social media to freely exchange information with my social peers.
This is what facebook used to be. You only see your social peers, you don't see any other "famous"/well known people that you don't know personally. This could be done on nostr quite easily, but it's just too tempting to start following the famous personas.