What changes is the network’s trajectory. Without sufficient signaling, miners have zero economic incentive to clean up the base layer. The spam stays. The inscriptions stay. The VC-backed protocols extracting value from Bitcoin’s blockspace stay.
Bitcoin doesn’t die. It just slowly stops being what Satoshi built — peer-to-peer electronic cash — and becomes something else entirely. A settlement layer for whatever Layer 2 product Blockstream is selling this quarter.