In my view, commerce will never be equal to a systematic burn mechanism that scales perfectly with every single impression delivered to site visitors.
The things like LeoShop and in-game NFT's are interesting and certainly have a place in the token economy. But, at its core, this is a social media blogging/vlogging platform. Most of the users will come here for that. Therefore, we need a flagship token mechanism (like BNB's "buy and burn") that is correlated with that overwhelming primary use case.
Stinc I think was already doing it, but using it to pay their developers if I'm not mistaken.
Why not both?
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.