We could out price them without the witness discount, root cause of our current situation. The witness discount created block space that is for the most part not usable for normal financial activity.
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I don't think so, it would be directionally correct to somehow eliminate the witness discount (at least for non-monetary uses) but it's a completely different market.
A vintage car used as a collector's item does not naturally fall to the price of a used Prius as they are used different purposes.