These are good points and yes I believe increasing users and paying out and having that as a focus can be good. However hive has to generate that revenue some how. It generates zero on it's own right now.
I would much rather see the $300,000 that was just extracted from the DHF to fund development on hive. Development would bring users because there would be products they want to interact with and naturally market themselves if they were good.
But if your going to promote that you can come here and get paid for your content then you need to generate revenue otherwise you're simply extracting from the only source and that's investors. Of which investors are not going to see hive as a good investment if the general idea is to only keep extracting and have nothing to fill it back in. The price of hive this year purely reflects this.
Indeed. Especially the “generating zero on its own” part. That’s the last thing an investor wants to hear