Satoshi's genius eliminated the need for a trusted third party in this as well.
Discussion
The code for the BIP would have to be well inspected as we don't want to have an ETH DAO situation with backdoors, etc. This would be useful for adoption I would think. Although, I do appreciate the lack of having it now as people need to be more responsible and not go around flinging cash at whatever willy-nilly. I like that Bitcoin makes you take personal responsibility for your cash.