Also, what happens if Hive goes x1000? All of a sudden it costs $1000 to create a Hive account?
Not necessarily:
https://peakd.com/hive/@dalz.shorts/some-top-20-witnesses-are-now-signaling-1-hive-fee-for-creating-new-accounts
Accounts now cost 3 Hive. 1 Hive is at least being considered already. Witnesses could make it a fraction of a Hive if they chose to do so.
right, but like I said in the OP:
We can't lower the fee enough to make mainstream adoption possible.
Doing so puts that burden on anyone running a node.
I think it's far more likely that accounts will be issued on credit,
and users will not own their account until they've paid back the cost of creating it.
Guess I need to write another post about custodians and lite accounts.
This will be educative no doubt
it's still worth something, I'll take even 0.001 hive please :)