It's honestly not a terrible idea I just get triggered when I read the justifications for the action and the logic doesn't seem to align with reality. Certainly there are better arguments to be made than the ones being made, I'm just not seeing them, and that creates alarm bells for me.
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As you pointed out in the introduction of the post, the current market situation makes many of us give birth to all sorts of alarming of useless ideas. Wait until greed takes over the market again and everything will be fine, no tweaks needed anymore, no Binance falling, no nothing. Psychology of the masses is such a gem of an indicator if you're paying attention to it.
spot on man