What you might get called on an internet live stream is the benchmark of what's acceptable?
The term boomer is quite commonly used to refer to people of any age that conform to 'boomer' stereotypes, such as not being being very technologically literate (do a live stream with your microphone muted the first 2 minutes, and don't be surprised if you're called a boomer even if you're 30).
By that logic, the term "faggot" is fine, because it's commonly used to refer people of any sexuality who conform to gay stereotypes...