However, I am concerned about the repercussions this has for the blockchain.

We have a similar view regarding HIVE price... I don't pay too much attention either, but it is important because it attracts new people and attention...

As for equating the value of Hive with that of stocks, I believe it’s a valid comparison; it reflects the market value of a project (in my opinion), and that, too, concerns me.

I partly agree with you, but I wouldn't call HIVE "as a project", but rather apps that are built on top of it... They could be compared to stocks as they should have a business model, revenue, etc. Hive itself has value, but I'm not sure how it can be measured... Btw. that being said, it's not HIVE value, but also other blockchains' value, SOL, ETH, etc. It's hard to put a price on them...

Burning tokens sounds "ugly", but it's just a simple token supply reduction... In traditional finance, we are used to inflationary systems, which do work, but also, they can get out of control too...

Thanks for sharing your opinion and view! Appreciate a good discussion and talk... 🙏