You might have memories from the past. This was a thing over one year ago; it drove faster the more players were hugging it.
This is actually already possible, though a little hidden.
Open the console (likely either ´ or ~) and type this into it:
You can unhide it by using the same command.
It wasn't removed per se:
I imagine those who despise the double time augment won't be very pleased at all.