I don't see the discussion between HBD being a form of HIVE and HBD being debt, and thus not to be included in the market cap of HIVE going anywhere productive for the time being.
As for DHF, Blocktrades is right in the sense that generally, you need to spend to be successful. At the same time, we also need to be relatively careful what we spend on and not throw money out the window on the pretext that we need to spend it.