This solution is incredibly stupid. This will kill the entire forum ecosystem

Many people said the same when Merit system was first introduced, but it didn't create problems but made things better and easier for everyone and the forum as well. Bear in mind that such decisions are not taken just like that, there are a lot of things that we don't know or realize, and someone who is in charge of everything will know more and he must be keeping a lot of things in the background just to keep us safe or avoid spreading panic all around.
Changes come and go, things evolve, but nothing stops, the world keeps going and things start to look normal after a little while.