But probably the bigger disagreement between us is the impact of such spending.
It's not the spending it's the sell pressure, most of which with no real benefit to Hive or gaining users/investors. Just as I have no illusion that burn posts actually does anything for price, but the reduced sell pressure may.
Spending/sell pressure, two ways to look at same thing. Again, I disagree with the thesis that sell pressure from DHF is affecting price much, especially not when viewed against the positives to price (a chain with active development).