I guess you don't remember that parler social media began in the way you are suggesting, and even they had to start setting rules because the language was so vile that even many of their own right wing members were turned off. Not everyone wants unlimited trash in their social media stream.The current method, of having Social Media censor content, leads to the problem is being dammed if you do and dammed if you don't.
There are already sites that cater to this unlimited free speech garbage that you seem to want, and you are free to use it. You are suggesting a sort of anarchy, and as humans have discovered over the last 10,000 years we humans can't function without social rules guiding acceptable behavior.
Some years ago on the old Beliefnet boards (with @blü 2 and @Riders) I did an experiment and started an account with the name White Bicycle (white bicycles are community bikes in the Netherlands that anyone can grab and use temporarily). I then shared the password so anyone could sign on and use the membership without there being any rules. A few folks abused it by being rude, but the vast majority chimed in with good hearted posts. It was a test of the community's level of social responsibility. How many would be a total jerk if they were anonymous. Very few.
I got turned off of Facebook because even with high visibility as a members many conservatives were abusing the platform in open debates. I would chime in with my views on gun laws, and I had my life threatened by right wing gun nuts. The personal threats exploited the trust of Facebook. These people made it clear they could find me, and gun me down at any time. Facebook has since set better community standards, but not soon enough to turn off people like me: those who don't want their lives to be threatened by right wing crazies.
But this is what you are wanting. It will only appeal to a wild west town with drunk killers that won't survive very long. There won't be any farmers and merchants, no teachers with school kids, no decent townsfolk minding their own business, who want a stable a safe environment. Right wingers have their dark spaces on the internet, and you can have them.
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