Earlier quoted context omitted.
A better analogy would be a passport. It doesn’t stop all terrorists from boarding a plane at lest it stops already know to authorities ones (unless they have a passport on someone else’s name which is not easy).
Or perhaps, why do you lock the door to your house? A few solid kicks will open most doors, the locks can be picked, someone can smash windows and enter, and many modern homes can be entered by ripping the wall open with a crowbar and axe. It's to stop midrange threats.
No more, no less.
For spammers on other hand it's just a business, there will be no reprecussions like ever and we know quite a few big and legitemate companies who started their path with marketing spam sometimes using leaked email databases.