Opt-In item loot?

[Ziggy]

There seems to be a lot of division on the issue of item loot, so I'm offering this solution.
Let players Opt-In to item loot via a Priest of Discord type quest or something similar, once you Opt-In you can never change back.
Players who are flagged for Item-Loot can loot items from other flagged players and vice-versa. When a non-flagged player is involved, they can not loot items or have their items looted. Coin is always lootable. Thoughts?