I know some of you arent smart enough to have spotted this implication, but basically, light levels are being done away with, and normal leveling will resume, this means, you will lose that 34, and start again at twenty when the new dlc releases.
So whats your reaction to that, and the fact all that hard work for gear to level up islost?
Im suspecting that is your face above considering you just figured it out.
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Lets look at this logically since your argument is based on logic. Bungie released a new expansion but reduces your character level to a point where you can't play any of the new or already released content until you level up, which may take a week or two for some people. Really dude. Use your brain.