

The only real moderation that needs to happen is self moderation. If you see someone saying stuff that you don’t like, block them. That persons opinions are now gone for all that matters to you. There’s no need for their opinions to be removed for everyone. Everyone has the capabilities to moderate their own experience.
If someone keeps being racist and it bothers you, block them. If someone keeps name calling and it bothers you, block them. Those of us who aren’t bothered by opinions we don’t agree with or by people saying things we don’t like can still engage with those people and perhaps even teach (or learn!) something.
There should be very few restrictions on speech, especially in an online forum/community, imo, restricted basically only for trying to incite or threatening actual physical harm.
Moderation/censorship of speech, especially when the power to decide what gets removed and who gets banned and for how long is just given to random people on the internet, usually because they’re friends with and share ideologies and opinion with mods/admin, inevitably leads to a “safe space” echo chamber where any dissenting views are not allowed, while the allowed views are allowed to be presented in whatever manner they want, including calls for violence, abuse, etc. See Reddit as the absolute biggest and most current example. Twitter before that.
I remember Usenet, in fact I still use it to this very day.
If people want to engage with the “bad actor” then that’s their right.
You know what also makes new people not stick around? Over zealous moderation, especially when it’s clearly biased towards maintaining an echo chamber. More and more people are waking up to the fact that censorship is getting out of control, especially on social media sites, and they don’t like it.
Given self moderation and overarching and overbearing moderation are both the kiss of death, the one where a few people control the whole thing and direct the echo chamber is the more destructive imo.