If the only way to make new gear desirable is to devalue old gear, Bungie has a huge problem, power creep or no.
This is why players are so worried about this strategy. They just aren’t confident that Bungie can create gear they actually want to use anymore. Their faith in Bungie’s ability to create cool new art and design for new gear has been whittled away by reskins, boring, inconsistent or just plain bad art direction, and constant nerfs due to unbalanced perks that don’t seem to ever get tested before they’re released.
Bungie has a LOT of good will to catch up on, we’ll see if this year’s big update finally meets the needs of a game like Destiny.