Does it sound elitist to say that maybe a small barrier to entry could make for better quality social networks? Especially if the tradeoff was giving users more

Does it sound elitist to say that maybe a small barrier to entry could make for better quality social networks? Especially if the tradeoff was giving users more creative control over their spaces? I guess you wouldn't get billions in ad revenue that way, but your expenses could be miniscule, and isn't it possible that a rapacious profit motive is part of the core problem with Meta, Twitter, & co? Or are there really too few people in the world who could figure out how to log into a <$5/mo cloud VM?