It is a problem when you centralize the Internet like this though.

The more of the Internet you've got running through your service, the more appealing a target you are for not only domestic government pressure, but attempts from foreign state actors to compromise the service (through not only hacking, but espionage and blackmail as well).

It's not great.

When the FBI asked Apple to build tools to attack customers, Apple said no. Cloudflare could have just dropped RaidForums as a customer, but they went the extra mile and built tools to facilitate an attack of RF users.