False equivalency.
Demonetizing videos that make homophobic attacks on public figures (the "conservative" content in question) is not "the other side of the coin" to being positive about LGBTQ issues.
Demonetizing videos that make homophobic attacks on public figures (the "conservative" content in question) is not "the other side of the coin" to being positive about LGBTQ issues.
If the majority of conservatives hold (and try to post) homophobic views, then it seems that banning the majority of them is the right thing to do.