The last point is a misunderstanding of market economics. If take is permanently taken off the market there is an effective reduction in supply. It is definitely not equal to a savings for the reason that you outline: it is permanent.
Demand will stay constant. This will drive up the price, simple supply & demand.
> Seller sells DAI.
> Seller receives fiat
> Seller burns DAI because they can and there are no consequences other than reputation
> Seller does this because they just sold a lot of Dai ($1M) and still have $500k in DAI and the $1M in burnt DAI drives up the peg to 1.01
> ez mun
IMO, the fact we have not seen corresponding increases in token value when network value rises has less to do with a broken token system than a horrible overvaluation of cryptocurrency projects over the past year.
It’s not necessarily a flaw with tokenized systems — but rather a flaw with the way the market has reacted to…