The board's statement of opposition pretty cleanly argues against this type of equity overhaul.

That said, I do appreciate the spirit of the proposal. Specifically, how do users that are contributing to the value of the network somehow extract some of that value in real terms? Of course, there's a lot of complexity to that sort of system and the cost of implementing it substantial. But whereas some people are working on architecting that sort of system from the outset as more a technical feat, this tact would get legal momentum that would almost guarantee some sort solution, be it good, bad or more likely, somewhere in between.