And bottom line for newcomers is VALUE of their INVESTMENT
Very true and the worst of it is that prospective investors don't even need to consciously think about this stuff for us to feel the negative effect.
The Dash ecosystem does it for them simply by needing to draw far more fiat liquidity from markets than our competitors do. We require to draw both the block mining cost PLUS the masternode revenues on top which our competitors don't. Reducing the mining reward doesn't reduce that mining cost. Only a reduction in mining competitivity can do that which is something we do *not* want since it would indicate a decline in demand for the primary supply in general.