If it’s libertarian it’s libertarian socialist. There’s no property or capital on here, posts get boosted by collective voting, not based off your following or account. There’s not even an idea of karma, your account means basically nothing here. A capitalist libertarian social media would be something like nostr or what bluesky is claiming it’ll eventually do where you completely own your account and your following and you can use that social capital as you wish.
Honestly not the worst idea if you’re trying to save your knees but still want to enjoy the outdoors when you run. Would be better if it was an electric motor though and was at least somewhat powered by the treadmill like an e-bike.