Yeah, I would also agree on this statement. There is no better proposal to salvage Terra (LUNA), it was doomed to fail at the very beginning because Kwon Do f***ed up everything.
And now, he is still trying to save his face by having this kind of proposals. They try as hard to keep everything normal, but we all know that they can't and now it's all over and it messed crypto market in the worst time.
Yeah, to say the least, everything has been messed up. What made this extremely devastating is because of what you said, “it messed crypto marker in the worst time”, and this has made many people to lose hope and discouraged to go on in crypto investment. It was a nightmare that everyone wish to just stop and be awaken to a better reality.