Agreed. I believe many hodler will sell including me if GVT tokenomics is merely reduced to discounts as rest bullet point really doesn't matter as he is hyping them 

I  also don't agree and it will definitely impact the tokenomics.

I am holding GVT since ICO and have been following updates and news since then. I remember this was discussed earlier and all agreed that profit will be distributed in GVT and please leave it as it is.

I think the average amount currently investors investing in the program is around $100 and I don't think they are really using discount feature by holding 1K - 10K GVT in platform wallet. I guess if they have that many GVT probably they will invest it in another program and get profits which they can use a substitute for discounts by holding and Genesis vision team can confirm it since that have all the stats of investing in the last 1 year. So inflating the price of GVT by expecting Investors will always hold X GVT to avail discount feature is not going to work. 

Only people who would be leveraging trading discount feature by holding GVT in platform wallet would be Program managers and they are very few in numbers

Someone from outside of crypto would not be interested to hold huge numbers of GVT token in the platform wallet.  Also, many investors feel safe of holding GVT in ether wallet or Binance instead of GV platform wallet (trust will take time to get built).

So the only tokenomics which will work in long term is distributing profit in GVT. I agree that some percentage will be lost in conversion or so but that number is very low and can be covered if GV team uses reserve smartly to pay.