Oh wow! That is an insane number to run a validator. I'm not sure who outside of them would be willing to run one, and I'm not sure how willing institutions are to jump on board as well.

That number would definitely need to go down before any real decentralisation can take place.

So many crypto projects have big, bold ideas on paper that may or may not happen, so it's up to us to judge what's in front of us rather than be sold a promise.