That can only happen if the haircut kicks in,
and Blocktrades has been talking about straight up tripling the haircut from 10% to 30% debt.
This is MUCH MUCH MUCH less likely to happen now that HF25 has implemented Hive >> HBD conversions.
Now that anyone can mint HBD with Hive HBD will never get pumped so it will also never get dumped.
Also with Steemit and Ned gone we are in an exponentially better position.
In terms of never pay it back, it works.
If there are enough use cases for HBD it will work, in case it sits around and only speculations are around it, it will break at some point.
Not sure it is the right time to do it. Maybe it is.
I would be in favor to see the next bear first before major changes happen. Because hive can stay in a long run.
On the other side, the world becomes from day to day crazier. So maybe it's not bad to increase it.
Multiplier over 1$ and under 1$ is crazy to the fact of hive inflation.
In the worst-case, we double the supply if the market shifts.
Did you wrote a post about it?
If yes kindly provide link
https://peakd.com/hive-167922/@edicted/hbd-10-debt-haircut-is-too-low
Hopefully this is good enough.