The big picture that we need to look at is that hive is a value extracting platform. That is the reality of our situation as exemplified by the flow to exchanges.

At the end of the day hive is mostly purchased to speculate on it (like 99.9% of all cryptos). More than 42% of the available supply (total supply minus the DAO) is on exchanges. For example bitcoin only has ~13%...that is a big difference.

The potential increase in spam may turn out to be a "nothing burger". I am not convinced that changing the convergent linear rewards curve is necessary but I am not opposed to be proven wrong.