No, nothing survives pedophiles. Although Jitsi won't admit it directly, it has been strongly hinted CSAM is the reason for the change.
CSAM is a great excuse for a lot of things, in particular to control free speech. It is a real problem, but this is clearly not working.
What's capitalistic about bowing to the social censorship required? Sure as hell ain't making their product more profitable for the user market. Seems like the market isn't the end users but government monopolies which isn't capitalistic at all.