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And this is exactly where IPFS makes sense for me. As long as the community wants something to exist it can exist for free. If only you want it to exist, host it. When you no longer care, it will exist until no one hosts it anymore.

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Platforms are somewhat shielded from liability for user provided content. How does that work for IPFS?

Should be okay if you're in the US. I wouldn't want to host in other countries unless I was a lawyer.

(Where "okay" means "you may get subpoenas you have to answer.")

Isn't IPFS untraceable to a specific machine or IP? I thought that was the whole point.

IPFS does nothing to hide who is hosting data. It's pretty much like bittorrent in that regard.

So, what is the advantage over BitTorrent then

If this were the only option, I bet most people would realize how much of the web really doesn't benefit them in any meaningful way, but merely gets used because it's there, and can be removed from their lives with minimal grief

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