Soooo if I'm reading into this the right way, RC could also be viewed as NFT land ownership?
Since all RC in existence represents all the bandwidth and we can't use more than we have... They just seem to be one of the same.
Also, rent-seeking becomes the main allure of Hive after you go through a few of the possible outcomes. Whatever Hive ends up being used for RC and bandwidth will be the most wanted product in the market. I also don't know if that is a good or bad thing but it does seem a bit toxic in the long run.
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Either way it's definitely worth exploring more.
I think having a separate bandwidth token will be one of the defining characteristics of Hive in ten years.
It adds a lot of utility to the governance token that most people completely ignore at the moment.