You guys really crack me up with these "we need to do this or that" pontifications. As if anyone here is even remotely involved in the development of Bitcoin.
But by all means, go forth and make it happen!

Looks like some Core elite developer already has a M.A.D. plan ongoing:
https://twitter.com/LukeDashjr/status/901233811580702720https://twitter.com/LukeDashjr/status/901251625276276737I am personally in favor of more decentralization in mining and all, so I tend to favor a change in PoW to end the Chinese miner's mafia, even if this could cause much chaos and desruption in the short to medium term. The question is if the new algo will be asic-resistant, or we'll be at square 1 in a few months.