Karma becomes useless. Merchant to convert Karma to Skill Points would be great. Whatever amount, 10-20k/SP would be reasonable.
Karma is ok since it is convertable go gold and its really nice.
Better read my thread about Xp (SP) → Gold conversion and making players effort rewarded:
https://forum-en.gw2archive.eu/forum/game/suggestions/XP-TO-GOLD-conversion-vs-flippers-and-farmers/first
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