Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 357. (Read 9723748 times)

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edit: watch out billy boy, icey owns the conversation on this thread

I own no Monero.  I think Fluffypony is a pretentious pompous ass, but we have more than a few of those ourselves. Mainstream adoption means MAINSTREAM, not the poorest people we can find to set up some kind of experimental crypto utopia.

Venezuelans will always be poor as long as their government and private bandits steal their stuff. We might be able to help them keep SOME wealth, but not all of it. It is a drain of value for the foreseeable future. Charities are fine. Helping people is fine, but it's not a salvation for sinking market cap or market rank. It's not a ticket to mass adoption.

Entrepreneurs risk their time and capital all the time. It's a defining characteristic and they would work for us too if we weren't wasting all our treasury on making bets on projects that may or may not pay off. We are not even paying bills but we are making bets. Their is a name for people who do that: DEGENERATE GAMBLERS.

Since icebreaker became a masternode owner and the spirited way he entered the debate on how to spend treasury funds. Its impressive. Demo16 with his 0.1 dash that he owns and sadly no masternode. Not quite so well qualified to give an opinion.

But imagine giving all the funds to miners like monero does. That can be good too I suppose?

I had this idea that  icebreaker could use his masternode earnings to buy monero. Then when he has enough monero to buy a new masternode, buy dash. Then he could use those multiplied earnings to buy more monero. Until he wants another masternode.. Cool idea hey icey

Perhaps thats why he follows the DASH/XMR pair so avidly?

Richard Red who is a Decred contributor, the cryptocurrency aiming to establish a DAO (Decentralized Autonomous Organization), gave an analysis of the Dash DAO and how it can be applied to Decred’s efforts.

The post started off by describing the difference between ad hoc volunteer funding (Bitcoin and Monero), centralized funding (Ethereum Foundation, Zcash Electric Coin Company, or EOS with Block.one), and decentralized autonomous organizations (Dash). The author added how there are a couple other DAOs out there like PIVX, as well as some coins trying to move from centralized funding to DAOs such as Decred, Cardano, Horizen, and EOS. However, Richard Red stated that “Dash is the only one he knows of that’s been doing it for a while” and brings together traits of multiple categories.

 I never ever buy monero, not with fiat, not with bitcoin and definately not with Dash. I wouldnt recommend anyone here to trade Dash for Monero. If you are holding monero I would buy Dash preferably a masternode. Like icey did. But thats just my own view. If you zoom out a bit you can see Dash is still well up from lows against xmr.

When they were at parity there were monero goons on here bragging about how xmr would be much more valuable than dash. Dash then spiked up to as high as 1 dash = 6 xmr (monero) at one point.



But anyway, I'll go back to ignoring this trade pair since I have no desire to hold monero.

I disagree, billyboy's "pay for stuff after" will not work, when people dont have the money to setup their own projects. Projects will never come off the ground this way.
Only rich people can effort a "pay for stuff after" model.

What billyboy fails to grasp is that mainstream adoption is what our dev team is aiming for from the start. With mainstream adoption Dash will be used by
the millions as a fast, low costs, transaction provider. Mainstream adoption will make it easier for Dash to get positive news coverage, attract more users and
get integrated by more merchants. More transactions leads to more traded volume, leads to more adding by large exchanges (Coinbase, GDAX).
All of that will increase Dash value.

We are finally seeing the first signs of mainstream adoption in Venezuela and maybe also in Colombia, which to me indicates we are on the right track.
Dash Evolution (a very large and fundamental update, to be released Q4 this year) should amplify and fortify the mainstream adoption efforts for 2019 and beyond.
  

I agree with this. Some efforts at adoption in Africa and Venezuela and so on is nice, especially larger remittance markets and also as a template for adoption elsewhere, but it  won't return the investment in terms of increasing Dash's value because these people don't have very much money.

If each person has just a few dollars, even tens of millions of them are fairly insignificant really.

Interesting way of ignoring Icey

Looks like icebreaker's holiday is over, it must have been one of those short holidays.  
I still feel bored though  

FIFY

Banking the unbanked is not a business plan. It's a charity. Does housing the homeless sound like a good business plan? if not, why are we dumping money into wealth-destroying regions with no history of respecting property rights?

MNOs are lousy bankers, backing failing project after project. Just pay for stuff AFTER we get it.  Why is this so hard to grasp?

Ah yes...the bear market comes back and our pet troll is here trying to take credit.  

Fake News!

Icey and his lil monero brigade want to think they are creating descent in our dash community. Pathetic...What a bunch of clowns.

The market is punishing Dash for wasting millions of dollars on Kuvacash and Alt36, two record-setting boondoggles of unprecedented proportion.  The hare-brained Kuva scheme's crappy proposal, despite promotion and marketing efforts from Core, Dash Force, and Wachsman PR, was firmly denied more funds to shovel into their African money pit.  Alt36 will be the next bit of fat to be trimmed, then DACH Embassy and DFN.

It remains to be seen if the Dash Insiders who the promoted the Shrem Attacks of Kuva and Alt36 will be held accountable.  The price collapse indicates MNOs have had enough of Dash Clown Group's three-ring circus and are cutting their losses before the selling gets even worse.

It's time for Dash to dissolve the overpaid and incompetent Phoenix, Arizona based Clown Group, and re-form the DCG in a low-tax jurisdiction with devs and managers who will work for less money and produce greater results.

DCG needs to be run by people who are native Spanish speakers and are located close to the unbanked, destabilized people in Venezuela, Brazil, Colombia, and Argentina.

There are several places offering political stability and lower cost of living than the US, where care and feeding of a dev costs $6,000/month.



Colombia is offering tax incentives that a new DCG could take advantage of, rather than keep paying the American IRS and SEC thugs their annual bribes.

Puerto Rico is a tax haven close to both the USA and South America.

Panama is also legendary for being friendly to businesses and tech start-ups.

Costa Rica also offers stability and strong ties to both English and Spanish speaking nations.

Why is Dash HQ still paying $5,000/month to rent an empty office if everyone works from home?

DCG is out of touch with the real world of adoption happening on the streets 5,000 miles south of their safe, stable town where people have no interest in Bitcoin or Dash because they already have banks.

DCG should be rebooted and rebuilt with a laser-focus on Latin America, where there is a perfect storm of inflation and political turmoil.

For the price of the existing DCG, a rebooted DCG could afford to have offices and dev/marketing teams distributed in all four of the locations I mentioned.

So Shape Shift and Goldman Sachs? Hmm

With "whatever the reason" i ment the sudden price drop of Bitcoin as described in the links i provided.
I adjusted my post to better reflect that. Personally i'm thinking heavy market manipulation dropped the Bitcoin
price today (there was a 10.000 Bitcoin short position, just before the Bitcoin price drop according to second link).

Bitcoin dropped to $6300 price range (was previously around $7300).

that comes from Bitcoin, also down. Alts, of course, more...

Bitcoin drops sharply and suddenly — and now cryptos across the board are getting slammed
https://www.businessinsider.nl/bitcoin-price-cryptocurrencies-drop-no-explanation-2018-9/?international=true&r=US

This AI Tracked Unusual Market Behavior Before Today’s Big Crypto Drop
https://www.ccn.com/unsual-cryptocurrency-market-behavior-before-big-crypto-drop/

Whatever the reason (for Bitcoin's sudden price drop) , it leads to the 'blood in the street' thing again today  for most altcoins (including Dash) : https://www.coinranker.net

sooo.... price is $181    how'd that happen?

Are they filling in for icebreaker while he's on holiday or something?

PRICE 800 USD

DASH PEAKS 01 is owned by Evan Duffield [MEDIA=youtube]BMn1EB-eht8[/MEDIA]
DASH PEAKS 02 is owned by Daniel Diaz [MEDIA=youtube]UcGOaylAx1E[/MEDIA]
DASH PEAKS 03 will be ...?