I do struggle to understand some of the economics of Hive, but a stable coins would seem to have uses for commerce. There are plenty of 'stable coins' around who manage to maintain their values pretty, but I have no idea how they do that. HBD could be more volatile as there is so little of it. SBD is up around $10, so I guess they don't care so much over there.

I know people say 'the market is always right', but I think the market is generally selfish and doesn't care if its action destroy things or even about the technical merits of coins.

Part of the impact of high HBD is that some proposals are not getting votes. I don't know why they can't just set the daily payouts as a dollar amount and pay the equivalent of that rather than a fixed HBD value.