It's... not that people have a _need_ to do that. And let's be honest, you know it.
And second, there's a reason reverse racism and cisphobia aren't things, and that "they" (kinda we; I'm in the group too) are deemed privileged: by default they do happen to have it quite easier over the course of their lives. Both in opportunities and general quality of life. And things got so bad there was finally some critical mass to try and get people less scared of contributing to Free Software because they are in a group that is _quite_ disproportionally bashed by groups disproportionally more in power. One shouldn't compare the reaction of the oppressed with the violence of the oppressor, after all.
Bullies are trash, bullies in power doubly so.
If you think there's a _need_ to be able to hurt others, be it the group you are somehow against or think about them hurting you, I don't think the issue is in the CoC.
Maybe if a good number of people hadn't done bad things for decades, no one would need a CoC. But this is the world we are living, where people define themselves by their ability to mock and shame others. One group happened to do it a lot more.
Do you think it weird that it doesn't seem an issue at all? I just never thought of shaming others. Or feeling like the right to "need" it matters. I don't think this is the right mountain of freedom to die defending at all. What matters is code, helping a community grow, helping people get a modicum of privacy and freedom at least on their software. Not being free to harass.