And how, pray tell, do you identify "hate speech"? Who's the judge? You're going to get a different answer in Iran than you do in Switzerland. Not to mention the obvious, that the answer to to speech you don't like, is more speech, not censorship.
https://www.instagram.com/genderless_nipples/
This has been written up on a few news-sites, for example:
https://www.theguardian.com/world/2017/jan/19/genderless-nip...
Companies already cater to national laws, e.g. Twitter censoring accounts in Turkey on the behest of their government.
In a technological world this just results in megaphone / spam wars, ultimately destroying the value of communication channels. Almost everyone finds a moderated platform more useful than an unmoderated one.