Yes, but ideally it would be 2-ways, and there is still the problem with discovery, more in general i just think there shouldn't be social media sites, "social media" should be a protocol
When i try to think of what my ideal social media would look like, it always ends up sounding similar to an RSS feed, with the ability to lookup and requiring the other user's approval to get the actual content, you could use different clients, some could give you recommendations for events,etc based on your subscriptions if you so choose, or just run your own locally. life would be so simple