You have made very good and reasonable arguments.
For me, this HSBI stock has always been a normal bid-bot.
I think Mr. Savage is running his project with honest and good intentions. However, this service is no longer necessary. Instead of paying Hive for HSBI shares, Hive can be sent directly to the recipient via the “tip” button on PeakD. This is easier, faster and saves on the reward pool.

Even though this HSBI share is run with good intentions, there are always people who take advantage of it for their own gain.

Example: https://peakd.com/@sebescen81/posts