I somewhat now see some arguments for changing the emission - best would be if could change the emission and adapt the current amount of coins accordingly, but I think this is really impossible.
maybe I am wrong and the social contract is less important than the fixing - I am really really unsure about this.
We may need a new CN coin to implement the thoughts here.
Apologies if someone else has brought this up, but has the idea of re-launching a new Monero or other CN coin and then burning Monero to transfer value been floated?
The idea of burning coins to start a project is in general a bad idea, since it leaves the project without funding. However, for the purpose of transferring value aka, going from coin 1.0 to coin 2.0, it's a valid tool.
Launch XMR 2.0, allow a 30 day period of burn/conversion and then there's no need to mess with XMR 1.0.
This^ Monero is very brandable and well known as an altcoin here. If there's a way to change the emission to something much more reasonable and have user's balances also converted into the new blockchain, then I say, Go for it. The current emission(especially given that Monero is tied to Bitcoin atm and Bitcoin's a bit bearish) is going to Kill this coin.
My opinion is that high adoption comes after a decent enough investor base. And investors don't come in when there investments are just going to fade away with continuous price dropping from high emission. As I think about it, the current emission entirely benefits selfish miners at this point, this can be fixed completely now as Monero is still very young and the coins already out give large enough liquidity to attract investors, but wait any longer(months from now) and this coin will be dead by then from the constant high emission.