I already explained several points of why the things you suggest as a fix for Paycoin are absurd, and in my opinion probably illegal as well. They are also detrimental to crypto, particularly the part about destroying trust that coins are a stable and honest form of currency. If a group of people can decide to eliminate the coins of other holders of a coin, that is the worst possible thing you can do to foster trust, which is cyptos weak point already.
IF this was any normal crypto I would agree with you, but the fact that a company "owns" it is the entire reason I would even suggest this.
Cryptos are for the people (beyond the stupid catchphrase they use "The people's money", and I firmly believe this.
BUT.......I do understand where you are coming from. And again I do agree with your sentiments if this were any other normal crypto coin. But it is not, and has some "special circumstances" surrounding it. Any changes that I suggested were to get GAW out of the picture (the easiest way possible without crossing that line you mentioned earlier about who decides which coins to burn, because that can be very difficult to track and determine) and help those who actually hold Paycoin.
Here is the issue, we have a community of folks that regardless of what you or anyone else thinks is still part of the larger crypto community. I also believe that a lot of these folks are first time crypto users and this is their first experience. Sure, its easy to sit back and say "let them burn in hell for their stupidity", but stepping back and looking at the larger picture here that causes some issues.
Mary just got scammed by GAW via paycoin and its community, and this is Mary's first time crypto experience. She was interested in it for both monetary reasons and non monetary reasons (maybe she hates the FED and really understands how much a dollar is really worth). But now her experience has left a bad taste in her mouth.
Mary also has a friend Jake at work who is interested in Bitcoin. Mary explains to Jake what had happened to her, and the poor experiences she had with cryptos. All of a sudden, her story resonates with him and he not only decides not to get into it, but actively tells others not to get involved as well. Now compound that with a few thousand people (I'm just throwing darts here at a number, but its not unreasonable).
This is why I do what I do. I can give two shits less about the coin itself, im more concerned with the community. Even if these people ultimately decide its not worth it they can still join one of the many other communities within cryptos and become contributors to help spread education and awareness. Hell most of the people who own paycoin arent even on GAW forums anymore, they are over in other mediums.