You can also NOT host whatever you don't want. Epik and Digital Ocean picked up the baton, but I don't know if Digital Ocean has had a chance to act on this yet - it's a long weekend. We already know that Epik is not bothered by moral choices.
Well, then your post is obviously nonsense to you, just as it was to several other people.
You buy a server, find a coloc facility, pay the price to colocate, plug your server in, host whatever you want, free of essentially all terms of service. That's "hosting whatever you want".
When you can't find another one that allows colocation with a ToS that will let you do whatever you want, you rent a T1 line or better to your own home.
Have you ever heard of a ISP kicking someone off a rented dedicated cable? Maybe it has happened. I have no memory of ever hearing about this in any case where there wasn't prima facie illegal acitivit occuring over the line.