Yes, but also in theory a lot of the witnesses are scrappy as hell and can make a tiny bit of money go a long long way. Paying 40 witnesses half as much could lead to massive gains for the network in addition to providing more decentralized consensus. It could be a win/win and we have no idea because we didn't try.
Also is the fact that token price will not increase linearly with server costs. Hive itself could go x100 but the servers only cost two or three times as much: meaning we are wasting money by centralizing our funds more than we should be.
It's quite clear that a lot of these governance issues should be voted on rather than statically set in stone. But if we have to prototype it on a token built on Hive before Hive realizes it has value, so be it.
I do not disagree. Also experiencing déjà vu; the conversations are nothing new.
They are not.
Although the price of Hive and the direction of this network have changed a bit.
Next few years gonna be very interesting.
Interesting indeed. This is a resilient bunch, my friend. Problems get solved. Like most times when one shoots themselves in the foot, it's not exactly intentional. Going with the flow is great, in my mind. But sometimes there's a waterfall... lol