Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
toknormal
on 09/06/2016, 08:44:13 UTC

Using zero-knowledge proofs and homomorphic functions….is a significant advancement in the evolution of economic sovereignty.

No it isn't. It's fodder for clueless nerds and has nothing to do with "economic sovereignty" which stems from 2 things:

1. a universal consensus over the tradeability of a good
2. a market participant's independent control over it

In other words, aforementioned technologies ditch the one thing that unbacked money needs: public consensus endorsement, in favour of the one thing it doesn't: obscurity. You're confusing anonymity of monetary tokens with privacy of monetary accounts of such.

OTOH, Dash's bad crypto (broken/rebranded CoinJoin + broken/rebranded GreenAddress) and snake oil (HYIP) marketing make me depressed about the state of humanity.

It's not Dash that's making you depressed, it's your misplaced idea of what constitutes a sound solution and conflation of associated characteristics such as obfuscation with fungibility, privacy with anonymity, cash money with credit money and centralisation with articulated protocols.

Cheer up though - at least you've a choice. There's something for everyone in the market - even for those who share your aberrant perspective on the veracity of "obscured" monetary assets  Grin