Seems needlessly complicated.
I'm not sure that we can attract enough investment to make it worthwhile.
If we burn half the hive, 200m, hive's price would have to moonshot to get us anywhere near the amounts being discussed, and absent an immediate moonshot we are limited in what we can expect to actually create in hbd.
I'd like to see some projected curves.
The more converted before the price appreciation, the less total hbd we end up with?
Wouldn't burning half the hive also halve what the witnesses and the pool gets?
In HIVE it would but not in value if the price of HIVE went up.