There's a lot that goes into bounties though and each case is different. Feats-wise, Luffy "should" have the highest bounty in the series because he defeated the person with the highest active bounty.
But there are a lot of ways to explain why his bounty isn't there yet:
1) The WG purposely...
I'm pretty sure the increases are due to the fact that their bounties got unfrozen, not necessarily because of the guild. We don't know how long they've been Warlords for, or everything they've done since becoming Warlords.
So, former Warlord bounties:
Mihawk: 3.59B
Buggy: 3.189B
Law: 3B
Blackbeard: 2.2B
Crocodile: 1.965B
Jinbe: 1.1B
That leaves Doffy, Hancock, Kuma & Moria. I can't imagine any of the first three getting bounties lower than 1.5B. Hell, I'd bet on 2B+ for them based on Croc. And Moria was said to...
The fact that some people can read this chapter and think it's a W for Shanks or an L for Mihawk is insane man, lmao
At best, it is a fat W for Mihawk and neutral for Shanks.
He will do what everyone else is doing: act like he was "right all along" because it says "swordsmanship" or "skill", even though he is crying on the inside. lol
IMO, it also supports the notion that the World's Strongest Swordsman =/= the most "skill" in wielding a sword, lol. Vista was able to match Mihawk's sword skill, but Mihawk is still far stronger than him
Bounties aren't irrelevant, they just require context. You have to look at them on a case-by-case basis.
After WCI, we were explicitly informed that Sanji's bounty increased due to association with Germa, and at the same time, Zoro wasn't present. This time, we had a level playing field...
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