Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX
by
toknormal
on 04/10/2015, 16:12:23 UTC

This brings up a question - if a Virtual Company behind DASH would offer its own MN service and have a bunch of real servers, not unlike Google's servers, would it not be a step toward a real, tangible asset?

I think the 'virtual company' metaphor related to the process of governance, not the expression of value as a stock.

The value comes from the token adopting a decentralised monetary role, not a utility-asset role, since the absence of a trusted third party is an essential factor in its definition as unbacked, base money. If the token represents no more than a 'share' in a company then it no longer has any intrinsic value as money - it simply serves as a proxy for a corporate body of ambiguous economic worth.