OK, instead of increasing the 21 million Supply Cap, what's everyone's personal opinion on the "NAT token"?
We don't need someone exploiting the Bitcoin protocol and spam the blockchain to create on-chain garbage calling it a "token" just to incentivize miners. If bitcoin's PoW miners wanted more money they could always do merged mining where they get the reward for an actual altcoin and sell that for incentive. That is a much cleaner way without needing to spam the chain and they'd be mining another cryptocurrency that may have some utilities as well.
The problem is, which coin should be merged mined by the miners? I believe there was Namecoin which used the same SHA-256.
Plus for your "spam" debate, we have talked about this before. Bitcoin as a permissionless system, what you call as spam, for other users it's not. They're following the consensus rules, how could anyone say that they're way of using Bitcoin is wrong and ours is right?
Personally, I'm agnostic, and for learning's sake I like exploring it, and its possible potential to do good for Bitcoin. I have taken a liking for on-chain shitcoining with Runes as well.
¯\_(ツ)_/¯