That is probably true, however, I personally use it to share with others who are not part of my network, calendar integration, password database access across many devices, rsync backups across *many devices, document editing via Collabora and probably other things I’m not thinking about at the moment. I don’t have the performance issues that others note, but I took all of the performance improvement steps noted in the documentation: have bare metal well-resourced db hosts (for multiple services), dedicated redis cache, properly configured php-fpm, etc.
I’m running the mastodon stack in docker via a compose file. It was straight forward. Follow the instructions to the letter and it will work.
I will say that it is in your best interest to have an automated update process happen, either manually (via cron) multiple times a day or have some kind of orchestration layer that manages updating the component images once they are released. Mastodon has had some nasty 0 day bugs that involved account and server takeover that had to be fixed immediately, and you don’t want to lag very far behind in those cases.