I have a 1x (32t front, 11-46 rear) drivetrain on my hardtail - it's much simpler and cleaner to maintain and doesn't really have any downsides on an MTB in my experience. The lack of a need to maintain a front derailleur also means that shifting is more consistent and the cranks can be positioned in a better overall position chainline wise.
I need the range going uphill especially as noted by
@Hacienda71 above on technical terrain and if I am getting close to spinning out the high gear speedwise then I'm probably going downhill so standing and not pedalling anyway. It's an MTB not a road bike.
On the road I hit 25mph and whilst it is admittedly starting to get a bit towards the edge of what I find comfortable it's sustainable. If I was riding a flatter course I could easily change the front chainring and have a completely different gear range or switch the cassette out. I do this on my road bikes too so why is it unreasonable to think that an MTBer would?
Shimano do still do a 2x12 XTR setup for those who prefer it but for most people a 1x12 is more than enough for what they are likely to need.