In contrast, what does the HIVE blockchain gain from the members who store their money in HBD savings? Absolutely nothing. We are literally giving them away our money for free.

We do not print HBD to reward any activity; we do it to slowly increase the supply, which is crucial for it to become the real stablecoin. And by slowly, I mean slowly. It's just $1.5 M yearly. We spent more from DHF, not even talking about author/curation rewards.

Essentially, HIVE saving account is literally the best market product, if you want to quickly become billionaire quickly and with no risk.

That's not exactly true, as investing in HBD poses a risk. It is loosely pegged to USD with HIVE as the backing asset. In some circumstances, you won't be able to convert it back to HIVE to receive USD equivalent. So, after all, you might have a loss.

In my opinion it rather appears to be a case of financial mismanagement, lack of investment market understanding.

That's only your opinion, I see it differently. Although I am not a top 20 witness, I can say that my motivation to keep it at 20% is that the amount of HBD in circulation is extremely small and not enough to become a significant and recognizable stablecoin in the industry. We need to print a lot of HBD stably to make it better. Our current circulation amount is prone to market manipulations.

To add urgency to this discussion, consider that part of our token’s price drop is likely due to the millions of dollars given away in recent years to HBD savers.

That's most likely not true. There's no sign it might have been connected at all. We are printing even more as a posting rewards and spending a lot from DHF, which generates a lot more sell pressure than savings APR, which, in fact, mostly stays in the savings.