Would improve endpoint security, for sure!
(After we hang all the smart toasters and their dimwit owners.)
Probably won't stop the autistic trolls, though. Most of this stuff is cross-border already.
Discussion
Step 1: scan people's homes for exploitable IoT devices
Step 2: contact their exes, rivals, colleagues and neighbours to see who's willing to pay for a SWATing. Accept monero only!
Step 3: use IoT garbage as a proxy server to repost something vile where it will be reported.
Step 4: convert monero to BTC and drink margaritas on the beach in El Salvador