I am not a fan of the exchanges with KYC, but I do think that CEX's a necessary evil. We need on and off-ramps into fiat as that is what most people use. I am not a fan of making Hive a meme coin because I prefer it having utility.
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I am not their fan either, but it looks like they can be useful to bring some attention to Hive. What kind of attention, that's debatable. I'd say it's mostly for speculation purposes than for utility, that's why probably I received that comment about turning Hive into a meme coin. I don't believe we will lose utility on Hive, there is a core group of us who is looking exactly that, and we are here to stay, unlike outside short term speculators.