My concern with censorship is that if we instrument a legal way for the government to force media (social or otherwise) to suppress a point of view, that it will be later used against us.

It absolutely will. Any mechanism of authority will be abused later for things unrelated to its original purpose. We need to undo authoritarian control and spend all that money on education then stand back let society decide on its own without coercion. Think of this.

At one time the government felt the need to do something about actual snake oil salesmen. And conservatives at the time were like “It’s crazy to let the government tell you what to eat drink.” But progressives were like “No we gotta put people in jail.” Fast forward less than 100 years and large segments of the population become disenfranchised for smoking a dry plant in private on their own land.

Everything the FDA does should be about providing information, education, recommendation, grading purity and so on. “This soda contains 5 mg of cocaine as certified by the FDA inspection.” And starting in fifth grade every kid gets fact-based info on what drugs do.

The solution to absolute free speech is mandatory and repeated education on critical thinking, logical fallacies, propaganda techniques and cognitive biases. I recall propaganda techniques being discussed in fifth grade in the mid 70s.