There is no way that stake holders would vote to create a money supply that sends the token price to zero. There are only a handful of voters that vote for the DHF outflows (that can push the votes above the return). I very much doubt that any of those stake holders voted to lose so much market cap ranking. I argue that these prices are not intentional, and that how much money we each personally print via our DHF votes and how much of a negative effect on price and market cap ranking that those votes have is not well understood at all by these users at all. And if it were better understood, people would have much stricter requirements on putting caps on the size of proposal budgets and would be a lot more demanding of better reporting and return of value to the DHF that projects bring, amongst other things.

Almost no one on hive has any idea how large the DHF inflation is compared to the programmatic inflation via WR, CR, AR, DHF inflows. I very much doubt even you, with respect, can state how much HBD / HIVE has been created via the DHF due to your own votes, off the top of your head.

It is a programmatically reducing inflation, and the DHF should be a proportion of that at max, it should never be the same size (if we want to have a sustainable economy, with a credible inflation that is). Voters in my opinion, did not know they were voting to expand the supply to such an extent that we would drop down the market cap rankings from top 100 to top 500 at times. And so, had they known, would have voted differently. As you can see, sentiment around DHF votes is now (ever be it a little late in the day) changing, and proposals are getting smaller and shorter. Outflows from the DHF are down, as the community now is starting to recognise how inflationary the DHF is, especially at these low Hive prices.

Hive is not a bad fit for hard money. It should expand related to the size of its economic potential. it should not inflate 60M new hive tokens from a DHF into the economy in such a short period of time. Im sure even you can see that that is not how to operate a sound economy. It does Hive no favors in the future with investors. The idea that a HP holder cannot know within reason what the inflation will be because the DHF can print so much money at any time that it can cause serious inflation is a totally untenable basis from which an investor can invest.

This is also an attack vector. any investor that can accumulate enough tokens can therefore damage the price of Hive by voting to release funds from the DHF. This attack surface should be prevented by adding a cap to the outflows of the DHF.