MQA was invented as a way to reduce the file size with ostensibly less loss of audio quality compared to MP3 and other lossy formats. MQA is still a lossy format -- they've intentionally tossed part of the music data to reduce file size.
That was probably a great idea back when they came up with it as internet service for most people back then had lower speed limits and many users had to deal with monthly data caps. That's has ceased to be a problem for many people -- I'm sitting here with 1 GB service and no data caps and even the cheap plans often have speeds of 100 MB or more. So, MQA is now addressing a non-existent problem.
If I can have an unaltered, lossless version of a music file, why would I want a lossy version to solve a problem that doesn't exist?