Sorry, but you may be unable to even fathom the whole picture of what is happening. But until you have even a glimpse of it, please stay out of the debate. This is not about just a console, it is about a companies stack in staying in business and hopefully not losing out on what could be some odd almost billion of dollars to be made. But hell, most people here couldn't even imagine what it would be like to have 1 million dollars no less lose it all to some punks who back engy everything.
It's free, how is there no point? Not all people will hack, and when you can make your own games for friends to join, you have nothing to worry about.
Because every game will have hacked servers/hacking players. Detracts from the fun. Yes you can make private matches but that's not really the point of matchmaking.