Seems pretty non-committal. Once the peg breaks to the upside there won't be the political will amongst the witnesses to do anything about it (talk of crimping the SBD during its wild bull run in late 2017 was very unpopular)
The time to get it done is before the next pump, but any implementation sounds like its a pretty long way off. I'm expecting alt-crypto mania in the next 6 months or so if BTC keeps up this pace.
HBD going above $1 seems like a lot less of an issue than it almost always being below $1... often by more than 5%.
Stability is stability. A stablecoin that is not stable has no use case.
If you're referring to the price on coinmarketcap you should know that it's very easy to manipulate and never really accurate since most of the reported volume comes from 1 very unreliable exchange. More accurate prices come off our own internal market.
Besides, as long as we don't hit the haircut HBD is always convertible to $1 worth of HIVE.
I'm not sure the situation is the same as 2017. There was a big issue of the influence of Steemit
(not witnesses or stakeholders) being in control of development and the monetization of the web site, and their interests not necessarily being aligned with the stakeholders. Just about any (if not any) mechanism of implementing an upward peg in the presence of high demand is a direct positive for the value of HIVE, which is obviously of high interest to the voting stakeholders. While authors may not like the idea of crimping a wildly pumped reward coin, they're not, in general, the stakeholders or voters or witnesses.