Some interesting analysis. What would make me buy Hive? A change in the signal which we dont have right now.

1)The immediate problem:
The HBD Debt is costing Hive around $100k per month, but the DHF "debt" as it isnt unlocked Hive, is debt, is costing nearly $250k and this isnt even counted in the debt limit.

This has now grown in % and absolute terms to equal the rewards of HP holders!!

Unless the DHF spending is massively scaled back to avoid the HBD conversion "soft limit", it could spiral from there. It would also make sense to scale back HBD interest as the chain can no longer sustain it.

2)The long term problem:
The DAO funds should be burned as they are used to benefit insiders and make the chain unattractive to invest in for outsiders.