It would be interesting to see how many accounts with large enough stake to move the needle are not voting on an proposals. When you are talking 62 million, being a couple million short doesn't seem like too much unless you figure 80% of the chain only holds 10,000 or less shares right? I just made up those numbers to try and make a point.
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Something to consider is that my account holds considerably less than 10k staked Hive (<7k), but I have seen it is ~1500 in terms of stake weight on the platform. That surprised me quite a bit.
It's based on rshares I think. I don't remember the exact conversion.
In my mind, things will self adjust with time. Projects that can convince more people to vote will get funded, those that can’t, won't get funded. It's rather simple.
I guess we will see, unless BT decides to suddenly change course.