Topic: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency - page 6524. (Read 9723858 times)

Good to hear from someone who actually really needs these crypto coins to succeed, not just speculator/investor like many of us.    There are quite a few countries with capital controls, not a ton of years ago UK was one of them and in future we could see this increase again as the big dollar is over liquefied.  India has banned import of gold pretty much, basically for similar reasons as it competes with their awful rupee

Anyone tried mining with a 7990? Any good? I have one used for CAD work, but at night.......

Id say everything that takes longer than required is forex speculation in cryptocurrencies.
Cryptocurrencies are forex like other currencies. No doubt, in the correct circumstances a currency can flourish but it is not coupled to any hard asset, its a tool to conduct payment in the first place.

If a greedy attacker.....He ought to find it more profitable to play by the rules, such rules that favour him with more new coins than everyone else combined, than to undermine the system and the validity of his own wealth.

I believe the benefits of a cryptocoin should be divided in benefits to the miners, benefits to the speculators and benefits to the end users who will actually try to buy and sell real world assets with the currency.  The big benefit of Bitcoin to the end users is offering the ability to transfer money over the internet in whatever amount you want separate form the traditional financial system regulations and boundaries and it does that very well.

ASIC resistant coins offer no additional benefits to the end users they do exactly the same, they really just give the existing mining community a currency to redirect their hashing power to, once asics are implemented and the rationale is that a currency that will have a somewhat guaranteed mining community should have mid term viability as an alternative to Bitcoin with a decent sized market cap and that is all good and I think there will be a market for that but it doesn't add anything that Bitcoin does not do already for the non-tech user who wants real world applications.

Darkcoin on the other hand is trying to offer anonymous ledger and that is big differentiation because it provides value for people as a way to store wealth outside of the regulated financial structure (banks, goverments.) in a much more practical way than storing large amounts of cash. It is actually better than cash because is way easier to move around. So to me the great value is not necessarily to spend darkcoins, long term you can use fiat or bitcoins if you just want to do the groceries. I think darkcoin should be a way to store and hold money anonymously and you can convert to other currencies when you really need to spend. That way we could attract new capital that is currently not in the cryptoworld and not really compete with existing coins.

That is why IMHO we have a lot riding on the release of Darksend and we should take the time to do it right, because if Darksend does not work as expected then we are just another cryptocoin with no real value proposition.

BTW I am willing to run a campaign in Latin America once Darksend is released.

No - that ASIC can ONLY do scrypt coins. There are no ASICs for DRK, and unlikely to be for a long time.

Anyone tried mining with a 7990? Any good? I have one used for CAD work, but at night.......