I'm (apparently) one of the few millenials who seems to actually remember and empathize with my teenage self, because the early forms of social media were something I really wanted. I posted on Usenet, used ICQ etc. None of these things were easily accessible, but they fulfilled a need.
The situation being addressed is basically "I am taking no steps to limit my child from access to something I already disapprove of" and I don't see how this would address anything. You got them off Snapchat or TikTok but why wouldn't word of mouth just find a new service to act as a virtual third space? Social media works just fine in a web browser.
Basically there's a strain of assumption which could be summarized as "children aren't smart enough to use Mastodon!" as though to do so is not just "visit this URL here's the QR code".