I think you make valid points but for a large and established economic system. That is not HIVE. Any decision we make should be geared to on-boarding and growing the system. The main issue with HIVE is not the valuation of posts, or that too much is flowing out of the system; although that is obviously happening ... but mot with me ... the problem it is that not enough is flowing in for the growth to outstrip the harvest ... so to speak.
The on-boarding of HIVE needs to be free and easy and the knowledge base required for posting needs to be minimal, no more difficult that it is for FB. I have convinced a few people to join and none of them stuck with it. And the little guy needs to feel he can get somewhere on this platform in a reasonable amount of time.
I now feel after 5 years that is me ... thank you curators ... but keep in mind too, I invested and have never removed a cent from the two block chains as a whole. I was convinced to move the bulk of steem holding because although HIVE is valued less now, I felt that my posts on HIVE got more attention and definitely more curation value.
(Let's be frank too ... steem isn't falling because there is one main investor who is not selling)
So despite the HIVE coin being less valuable ... the blockchain on the whole has more value to a blogger and creator.
So having a low valued coin is not necessarily a weakness ... in the short run ... if it allows for cheaper onboarding.
The key to this or any blockchains success, especially in the beginning, is adoption and retention.
We have to make it easier for people to get on board, want to stay, and to purchase HIVE.