In terms of never pay it back, it works.
If there are enough use cases for HBD it will work, in case it sits around and only speculations are around it, it will break at some point.
Not sure it is the right time to do it. Maybe it is.
I would be in favor to see the next bear first before major changes happen. Because hive can stay in a long run.
On the other side, the world becomes from day to day crazier. So maybe it's not bad to increase it.
Multiplier over 1$ and under 1$ is crazy to the fact of hive inflation.
In the worst-case, we double the supply if the market shifts.