What would happen then to usability of the spectrum?

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It should all be usable. Like drinking water without having a license to do so.

It wouldn’t be if there aren’t enough water places to go around. That’s what I mean about spectrum.

It becomes a power transmitting game. Jammers literally broadcast super high power on a specific frequency to drown out any other transmitters.

Maybe the transmission power is built in proof of work?

It is to a degree as energy is the primary input. But it'snjust maximal energy channeling.

Depends on who else is using it in your area. But we have SDRs that can autotune to clear frequencies

Isn’t frequency space like block space? Oh wait.. what if there were a market for frequency space in the same way as there is for block space 🤔