Correct. Only private events will be P2P (because they are already encrypted in a P2P way). I just have way more private event types coming up, like legally-binding contracts: https://github.com/nostr-protocol/nips/pull/755
Discussion
I think I understand now. So I really don't see any problem for the relay operators, nor for the feed experience 🤷♂️
Looking forward to the new private events 🚀