Hello Justin. If I understand correctly, your defining “security” more in the macro sense, i.e. “the network” - while the proposal deems “security” more on the micro side, i.e. “the baker”. It seems this is where your disagreement stems from since the incentive to secure the baking key becomes lower and thus, by the laws of the universe, the network becomes less secure while the individual baker might feel more secure, having removed the spend risk from his baking key. Am I understanding you correctly here? If yes, then this is a philosophical question but I tend to agree that the Guardians of Tezos should first and foremost look at the health and security of the network, instead of the individual baker. This is why I gave Carthage the benefit of the doubt (the argument there was similar, (but opposite) a benefit for the network but a (potential) disadvantage for smaller bakers - which on 2nd order becomes an issue for the network itself again but that’s a different discussion that was supposed to be held (but never really was)).
