You cant erase an amendment. But the Bill of Rights is not a collection of Amendments; it is a statement of eternal unalterable foundation facts without which the Constitution goes away.
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Absolutely, the 2nd Amendment is only an affirmation of the existing God given gifts to life, liberty, and the pursuit of happiness. Without the ability to preserve and protect those gifts, they become ephemeral.
I've always viewed the Bill of Rights as Jefferson's "unalienable rights" written out in more detail. Plus, it was made a part of the Constitution prior to ratification by the States (at the States' insistence), so any attempt to "amend" away part of it could be seen as an attempt to vitiate the Constitution in its entirety.