if it's not monetizable, it's ded

we already see this unfolding in real time

and yes, when there is an economic incentive to spam, the PoW scheme is ded

don't mistake ideals for practical reality

ideals gives you shitcoins and fiat, reality gives you bitcoin

i'm only even responding to this because in your reply and from what i know of you, you are capable of understanding the game theory and economics, otherwise it would be cold silence, i've had this disagreement with several others about PoW and they just did not comprehend what ded means