I hope they reject both. ETH created the Code is Law. If they change the protocol again (remember DAO) they will probably change forever. I think that even if the community agrees, it is bad. It is bad at least for the Code is Law thesis. If People can agree off chain and will do it anytime a conflict occurs, i.e. code can be outlawed, code is not law at all.
And if code is not law, then ethereum smart contracts are massively overhyped and are not a good idea at all
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