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Seems that the future of HIVE isnt in Hive itself but rather in dapps built on it.

Yea I mean that is pretty much what they have been saying for some time now, just having HIVE be the base layer. Though if that is the case it probably should have a lot less inflation if it's just a base layer...

Having Hive as a base layer is a way to say theyre capitulating from taking HIVE any further from what Dan and Ned did, rather stripping it of features, but they still want to get as much as they can for themselves. Earn passively from the HIVE most of them got in shady ways. Premines, bots, etc.

Its fucked up but at this point i dont give a damn. We have Leo and Splinterlands as something we can be proud of. "The Great Wall of Stupid" can fuck up Hive as much as they want. If they cross the line these two projects can easily leave.