Not exactly.  Ignoring it allows it to fester.  That creates an environment where the unscrupulous people who sell this trash are free to hype it up and tell gullible victims how great it supposedly is and how they'll be able to sell silly pictures for a profit.  The more suckers who buy it, the more crap they'll upload. 

It dies faster if we get the message out that buying this junk is a waste of money.  Once people are aware that the whole idea is to sell the digital equivalent of snake oil to unwitting saps, they'll hopefully stop buying into it.  This, in turn, will stop the financial incentive for people to create more of it.  Crypto is all about financial incentive, or, in this case, disincentive.  Kill the economy, kill the resulting spam.

So don't ignore it.  Fight it by making everyone aware that it's a massive con.