You raise several interesting points, but the biggest reason I'm not even tempted to power down HP is because the passive earning of HBD will never match the ROI of HP if the holder is actively posting (successfully) to earn curation at a small-to-medium investment level.
While I think this is somewhat above the average, I earned roughly 500 $HIVE my first month on Hive which amounts to a required investment of 30k HBD (heavily simplified since I'm too lazy to do exact compounding right now ;P) to earn the same amount—passively—on a monthly basis.
That said, I do think more holders are likely to transition from 100% HP rewards to the 50/50 split to start building up HBD that earns at an appealing rate. HBD seems like an excellent place to park liquidity, now, given the short withdrawal period and competitive APR over other common liquidity stashes.
That is true although I would guess that return is not simply from curation but also your article and comment posting.
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You're correct. I probably should have clarified, since I view authoring posts/comments as an extension of curation that requires HP for the RC necessary to actively engage with the Hive community.
Ah yes. All very true.
To me, it is just a matter of noticing how it all feeds in together. We are building, that is what is important.
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