Much like FOSTA-SESTA before, this is a massive strike against user-generated content online, and the free expression of controversial speech. This is literally the "think of the children" argument finely weaponized against the open internet yet again. Just as Visa and MasterCard were able to extrajudicially convict Wikileaks, we see them again being used as the cudgel to bring Pornhub in line with nonexistent regulations.
Not even remotely. All PornHub did is require you to create an account and verify your identity to upload content. That's the no-brainer first step in stemming the tide of illegal content: make an individual responsible for every account, and what that account uploads. It is, frankly, a step that should have been in the original release of the platform.
But that's the point -- this is always the argument used to justify actual censorship. Just look at the paramedic in NYC who was having to do an OnlyFans to make ends meet, only to shut it down out of fear of backlash from her employer once her identity was made public. And if you think the information PornHub stores is going to remain private, a website called Ashley Madison would like a word. It's basically kink-shaming on a massive scale. Meanwhile, it may stop some jilted boyfriend from uploading revenge porn (and even that remains to be seen), but it's not going to do anything to stop anyone with some resources at their disposal.That's the no-brainer first step in stemming the tide of illegal content: make an individual responsible for every account, and what that account uploads.