In my view, commerce will never be equal to a systematic burn mechanism ...
Why not both?
... a systematic burn mechanism that scales perfectly with every single impression delivered to site visitors.
I think this is a good driver of value. Knowing that every time you viewed something on a site you increased, by just a little bit, the value of that economy.
Of course, having both is fine, like I said. We can sell investment reports, in-game items, Zoom consultations, whatever... But like you said, it's just keeping the turkey alive for another few days. Eventually Thanksgiving happens and someone sells the HIVE on an exchange.
Of course. Though exchange value matters less if there is an internal economy.
Exchange value matters a bunch because the development DAO is denominated mostly in HIVE. Increase exchange value, longer runway. Decrease exchange value, shorter runway.
Tokens never leave the economy (apart from burning). A sale is merely a transfer to an exchanger, hence the lack of economic activity manifests as an increase in the % held by the exchangers. But nothing ever leaves.