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Why hard paywalls is not blocked on Lemmy?
(ponder.cat)
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Because these sites tend to be among the most credible for general news-info and many kind OPs provide gift links or archive bypasses. And it's just one more step for you to bypass the paywall yourself anyway.
If you banned those sites you would be limited to only a select few neutral sites, local channels ([tinytown]news.com etc.), heavily opinionated sites (I'm including sites I agree with and don't here), propaganda and misinfo (they would never paywall that because their purpose is to get people's eyeballs on it).