Sure, but you're also missing the downstream consequences/chilling effects. Maybe you're right insofar as it should motivate people to create new platforms, but

Sure, but you're also missing the downstream consequences/chilling effects. Maybe you're right insofar as it should motivate people to create new platforms, but with even the cloud operators willing to deep-six a business... well I don't know about you but I can't afford to host a social media site with hundreds of thousands of users in my basement anymore – not to mention the credit cards, banks, and payment services now willing to kickban anyone they don't like...