For information about why we have decided to pursue a new licensing system, please read the announcement here. You can also read a long list of frequently asked questions about the new system here.
There are also two very lengthy threads (now closed) that you can read for a great deal more information if you still have an appetite to go deeper.
Concerns about Steinberg Licensing
Because there’s nothing more that can realistically be added to this discussion at this stage, I’m going to close this thread.