Well steemitchat was nice....was it worth $500,000? Probably not.
Honestly what I have seen is that witnesses while not only important are actually ESSENTIAL to the steem blockchain. No denying that. With that being said I think they are ALL over paid. For what they do (Steemit chat for example) that is NOT a $500,000 operation...... Nor are ANY of the operations I see witnesses doing....
So Yes i hope chat comes back on but no its not worth $500,000 we can use FB or Discord for FREE........
anyway, if really the top witnesses get such a high fee, people surely use also money to get witness votes. and this can be a bug in the steemverse.
Many accusations have been leveled about this over the years, none have been confirmed enough for me to want to link. Overall completely agree with you guys- steemit chat was cool but it wasn't $500k per year cool when we have discord and other services.