A point to bear in mind – I have found this by trying it – a plain saw blade with the teeth ground off is likely to jam not very far into a deep cut because it has no side clearance. Even more so if not absolutely perpendicular both vertically and horizontally to the axis.
It may best to leave the teeth on, and arrange them at the top, so they shave the walls of the kerf a little (just as they did when they were part of a saw.) Obviously creating a top rake, needed only at the cutting edge, will remove the first one or perhaps two, teeth but that should not be a problem.
Arranging the blade teeth-down is of course very likely to create a swarf-trap, also jamming the tool.