We can't allow any children to see any inappropriate content! Lets keep banning things until we make that true!
It won't stifle communication on the internet at all. Trust us.
I hope someday someone will read it.
The problem with excessive regulation is that complying with it can be extremely complicated and time consuming. If you don't have the money to pay for that, you either risk being fined or sued, you don't play.
It sets a bar that only already wealthy people can get over.