Sorry if some of your post went over my head, but if that's the case, that means the overall Hive supply should decrease, and if demand stays around the same as it is now (assuming not everyone apes into HBD), the price of Hive should go up? Obviously whether demand stays the same or not is a different issue, just curious to know if I got this right.
I've always been more interested in Hive and the proof of brain aspect of the chain, although I can see why having the best stablecoin out there is something we should aim for. We seriously need 100k active users to sustain a hive marketplace though, I feel like that will be a turning point for Hive, decreasing selling pressure. That or a campaign to get stores in Venezuela or Nigeria accepting Hive, where the incentive to sell in those countries is high since blogging can easily earn more than the average job.
Thats the theory :)