In my view the recent reallocation hard fork simply did not go far enough to incentivise the masternodes. A paltry 6% pa return for a risky asset like DASH is still far too small, it should be 20% as it once was in 2016 and that ROI fueled our massive bull market. I will run this by DCG and see if we can't get to work on a realloc2 hardfork. Stay tuned.
The protocol cannot give you you a 20% "return". Only the market can do that through capital appreciation (or at least stability) and it's already mauling us for our scarcity deficit as it is. In a mined coin, the primary supply is supposed to be used to fund mining which keeps it scarce and expensive to extract from the chain.
As long as we continue to deplete our mining quota, the market will continue to deplete our marketcap. Feel free to keep beleiving otherwise while the market keeps telling you you're wrong, but de-nial is not a river in Egypt.
I've just left my node down now because it's generating tax liabilities at a faster rate than I can practically mitigate risk of capital loss with without cashing out every week and now with fewer fiat offramps...
That's what happens when the reward is not put to work for the benefit of the network but paid out in pure dividends instead. Everything goes wrong.
LOL
What a phony you are!
I mentioned SCARCITY to you three times in a row in the quote before your perpetual juggling and sleight of hand with an association of ideas that is not real. Of course ... you missed it ... because it dismantles your fallacies (the same ones you are trying to slide now).
Miners do not create SCARCITY, even if you try this deceptive association of ideas with dissimulation. They are supposed to automatically transmit a production cost to the mined token (which is also not correct per se) ... because attention! It is only so if the token is UTIL, if it is in demand. If it doesn't, you repeat the Keynesian stupidity of creating wealth by digging a ditch ... and then increasing it by covering it. That is typical of intoxicants and / or retards like Krugman or you ... who start from an economic premise in which cryptos have "intrinsic wealth" (a statement that you overturn in the second line of your pseudo-economic sermon ... and that was enough not to waste any more time with the rest of the pamphlet ) ... and that is a real bufoonery. Shitting 20 times and wiping your ass as many DOES NOT CREATE WEALTH. Precisely because you invest effort / work / costs ... in tasks WITHOUT VALUE, which will not retain those costs in the monetary asset created.
If your token is not scarce, that is, if the market does not demand it to install it at that juncture, increasing the supply will make it more abundant and less valuable, whether the miners or their grandmothers do it. The production costs will be a direct problem for the producers ... and they will not be automatically transmitted to the currency created / making it an indirect problem of the Mnodes) ... precisely because it has no intrinsic value, since its value is diluted in a market who despises that asset and discovers a ridiculous price compared to your different forecasts (both incorrect and worthy of real idiots disappointed because their "rain dance" does not work).
The DASH token is not in short supply because neither the mining nor the "rich" that xkcd desperately awaits - as well as the centralized layer of parasites that wants its elitist profile to be enough to create scarcity and thus support and project the price of its asset - they replace an actor that, in your mindless greed, you have marginalized and eliminated ... and that already existed, just as it exists in BTC: The Micro-HOLDERS, who covered a totally necessary and inexcusable demand for that task. We return to the same thing: The goat that you fucked and slaughtered ... NO LONGER MOVES ITS PELVIS from her, once dead. Is it really that hard to understand, kids?
Only an action that does not admit your imposed idiocies will be able to reverse - except for eventual pumps - that descending situation and without solution. Meanwhile ... it's time to laugh at how you sink the value of your own wealth into shit. Without a fork to overrule such a herd of retards, there will be no logical reorientation to this nonsense.
And as new resources, such as the blocking of tokens for the reservation of names in the new platform ... they are not accompanied by any objective and authorized estimate of that demand - example: an external audit - ... you will continue betting the value of DASH to the lottery. The show is pitiful:
- A lobby wants to perpetuate its parasitism by proposing the improvements for the mainnet as necessary.
- Another, blocking them ... and waiting for an army of rich idiots to throw their capital into a suicidal price trend.
- A fool, try to fool the rest with kindergarten fallacies to save taxes in UK...
... and, ok... every madman / scammer, with his theme!
Because that's what you have turned one of the best crypto projects in the world: In a shitty game between scammers.
You are going to pay for the perpetual inbreeding of your successive attempts at monopoly, with blood. You have already done it miserably in the ass of others, with traps, like the scammers that you are ... now, the spanking in your asses is worthy of open-mouthed laughter.
Which is not little fun ... and, yes, authentic poetic justice. Meanwhile ... the REAL DASH community, outcast and scammed ... to lower their buy stops accompanying this museum-worthy moron harakiri, patiently.
Cross the feet on the porch table, with a cold beer ... and wait to see how the corpse of thieves passes in the street.