No, this would be an Oculus-specific account. There are enough legitimate criticisms of Facebook that we don't have to go around inventing false ones.
Edited to cite the announcement transcript[1]:
> And as we’ve focused more on work, and frankly, as we’ve heard your feedback more broadly, we’re on making it so you can log into Quest with an account other than your personal Facebook account.
> ... I know this is a big deal for a lot of people. Not everyone wants their social media profile linked to all these other experiences.
Edited to cite the announcement transcript[1]:
> And as we’ve focused more on work, and frankly, as we’ve heard your feedback more broadly, we’re on making it so you can log into Quest with an account other than your personal Facebook account.
> ... I know this is a big deal for a lot of people. Not everyone wants their social media profile linked to all these other experiences.
[1]: https://www.rev.com/blog/transcripts/meta-facebook-connect-2...