I do not agree with this plan. However, i agree with Fatman’s plan better. Maybe the solution could be a hybrid. I think most importanatly that we are missing a great opportunity with each passing day. If we can find concensus we can comeback stronger. If we do not, the crypto market will probably end up crashing even more. You can say that UST was not collaterize but it kind of was, just like USDC and USDT. At the end of the day is peoples faith in a currency that gives it value, if there is not faith, there is no value and if there is no concensus there is no faith.
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