Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 1781. (Read 9724017 times)

Post your addresses and I'll send 1 Dash each for enthusiasm.

Adam can post his as well for providing the inspiration (I know he's got one    )

************* Answer: ***************

Interest is normally paid on a loan, from the borrower to the lender, the implication being that while the borrower has the money, the lender doesn’t have it and therefore needs to be compensated for their loss of use of that capital during the period of the loan.

The ‘interest’ paid to Dash reserve supply holders is coming out of the coin inflation, not from a borrowers' "rent" payments. Coin inflation on it’s own has the effect of devaluing the currency, so strictly speaking, in the absence of any accrual in valuation against goods and services or other currencies, that interest is only partially offseting the devaluation caused by new supply.

That’s the “technical foul”, behind my comparison.

The reason I qualified it as “sort of” is because:

a) in the fiat world there is a kind of scammy situation where new supply has to be created to pay the interest anyway

b) in Dash, the reserve supply has to be bought from the currency portion of the supply for anyone entering, so this in itself will notionally buoy the valuation and make the interest payments actually net positive (ideally that is - not guaranteed of course)

I would have given it if anyone had got the bit about the interest coming out of the supply inflation as opposed to out of existing supply paid from a borrower

Posting answer in 1 minute. Nobody's got it.

No thats not it. You could technically gain compound interest if - every week - you forwarded your payments to one of splawk's multi-participant masternode pools.

Looks like I might get to keep my 5 Dash 

I think this is it

Oh YES ... Lol i think you got it...

********** Clue: ************

Even if Dash skyrockets in value to 1 million dollars per Dash, the reserve portion of the supply will still be paying 22% AER. This seems too good to be true - and it is. So there must be some other factor in the economics which comes into play.

Interesting ..

But you can make shared MN.

22% assuming MN count doesn't increase 

Well it seem so.. But even like this I didn't find.. Lol

Technically the Dash reserve market doesn't provide an AER because any interest paid is not combined with the original balance (at least until it reaches 1000).

Are you the only person playing ?

(Clue in 3 minutes)

Just to have your post on this page, and easier to re-read it... Lol

No. It's not to do with % vs Dollars.

19 minutes left. I will give a clue at 12:45 GMT - in 8 minutes.

The 22% is in DASH the % of the banks are in $.

No. Nothing like that. Much more fundamental.

AER
ROI
.?

Hm...no too easy... Lol. i must be the foul.

There was a bit of a 'technical foul' in my previous post comparing Dash's 22% interest to the Lloyds bank savings accounts. You have to identify what it was.

A game?

Hmm what should I do for this 5DASH?
Didn't understand the rule...