First of all, as is probably clear if you read my comments on this, I personally think it would be better if the definition of "open source" did not exclude this kind of re-sale limitation. I don't think it's intuitive at all that this is required to fit the definition of "open source". It seems to me like a tacked on ideological stance from the gatekeeper of the definition, that isn't present in or implied by the words themselves.

But while that's what I think, it isn't at all the view espoused here by Hashicorp. They aren't claiming this is open source. They are accepting the OSI definition and not claiming their new license falls within it.

They aren't being disingenuous. You're putting words in their mouth, and then getting mad at them about those words they didn't say.