My be it's good time to share my thoughts about internet, moderation and how it could work.
English is not my native language, so forgive me mistakes and tongue-tie. Also this is not some polished system or plan of action, just thoughts that have been smoking in my head for a long time.

1) Service owner well… own service. And owner perfectly should have as much freedom to dispose his property as it possible.

2) But around service can exist community(s), it can have big public importance.

So that service owner acquire some control over another people. If Cloudflare owner right now turn off all his server, huge part of internet just break down. If Reddit owners close it many communities cease to exist, many social connections disappear. Not good.

On the opposite side of spectrum: freedom of users more important then freedom of owner. But who want make server to become hostage of it's users? Even worse, what if different groups of users want opposite thing?

This problem can't be solved, so let's change problem itself. What if community independent from services? What if there is no services to big to impose one's will on other?

I hope fediverse can be such thing. Many more or less small, chap instance, each with their own rules. Users can painlessly move to another instance. Instance owner free to do anything. Want create well-kept garden with highest culture of discussion? Ok. Promote ultimate free speech? Ok. Want promote you (only reasonable) position and silent all those nasty opponents? Why not. Want become petty tyrant and do whatever bullshit come to you head in this particular moment? Or you have some codex that tell you what to do? Or you want give all power to people and make referendum for each action? Ad, payment subscription, donates, or your own generosity? Choose what you want. If user don't like it, they just move to another instance without losing anything*. If you make such a mess that it will annoy another instance — that instance cat stop federate with you. For users of this instance your instance just cease to exist.

This is my ideal of social network. Many not-big, independent but mostly intercinnected, diverse instances. Let a thousands flowers bloom

* Right now migration between mastodon instances not that smooth, but it's definitely less painful then migration from Twitter to Instagram