Exactly. If your bank cut you off or Visa got Investor pressure to end your payment processing, you're toast.

Lightning Network offers far more redundancy such that 87 separate entities would have to end their relationship with me in order to stop me receiving payments. 

Even then, I could still get paid on chain. 

Censorship resistance is putting it lightly. 

 That's not hard if they flag your node and all nodes connected to you. They can simply block you and anyone connected to you. The only way to get unblocked is to disconnect from you 

 Flagging doesn't stop commerce.
What you're describing would require that an enforcement agent be able to stop a Bitcoin transaction, which isn't realistic. 

 I have tried opening channels with nodes that refused me. If I spammed it sometimes I could get one. They were automatically closed almost immediately. One used all of my liquidity first 😂

Stopping transaction on #bitcoin is impossible. Stopping people from transacting on lightning is very easy 

 Each one is a relationship and if you're making moves without communicating first, sometimes you're gonna have a bad time. 

 Fall in line or risk exclusion