WOW. That video should be the load screen for Open Mode.
And sadly it really shows that FD and DB have no clue about PvP…
Until ship and cargo destruction faces a proper penalty then it'll be imbalanced and pirates will complain that traders don't like them. Harsh penalties for killers and a way for bounty hunters to find them and the "worst" of the pirates (read: best, or most notorious) would help, but after a year of waiting it still hasn't happened.
Traders face massive losses when faced with pirates or PKers. Pirates face very little danger.
NPC piracy can be very profitable if you are seeking luxuries