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According to this thread, a DeFi developer entered a single incorrect command (‘solana program close’), which bricked their entire project and lost $661k in stablecoins. Immutable! medium.com/@OptiFi/optifi
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OptiFi's program has been closed by mistakes we made. TL;DR 1. We accidentally closed the OptiFi mainnet program and it's not recoverable 2. 661k USDC is locked in the PDAs, luckily 95% of the fund is from our team member 3. We will compensate for all users’ funds
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It means the equivalent to closing a business / account rather than exiting a process. It's about closing it semantically rather than being about the code running or not. Person arguing with you doesn't know what they're talking about.
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I think it's fairly clear that arbitrary smart contracts with general purpose programming languages is not something people are capable of managing or evaluating in a rational way. Simple smart contracts built out of only a few simple declarative primitives are a reasonable idea.
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