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The point of decriminalizing it is that you don’t have to do jail time while awaiting trial. Sure you can post bail, but it’s 1) anti-poor, 2) libel is not a heinous act wherein the safety of the public is in jeopardy if the accused is allowed to wander, 3) it inconveniences the accused for something that the courts would likely trash, and thereby 4) make it prone to abuse and as a tool for harassment.
If you want to teach someone a lesson to be responsible for their actions, then the fine and/or jail time after they’re proven guilty should suffice.
Hindi pala reliable yung community notes sa Twitter. People could easily prop up and upvote an incorrect dispute.