Quote from: Mianae on March 06, 2020, 08:39:07 AM

I want to start by saying that Dash losing an approximately or >94% of its value is not tied to the corruption going on. Most coins Btc, Eth has lost more than that over the past two years. What's happening in Dash happens everywhere there's tussle for power this is the more reason why some forks happen the tussle for power and who controls more money.

I think losing market rank is far more important, because you're right that volatility plagues almost all cryptos. Dash is relatively fork resistant, but that means it's less likely for people to end up with private keys on multiple forks in an effective stock split that increases to total value of their holdings.

You are also right that there is a "tussel for power" wherever resources are pooled, but Dash has a strange problem of extremely active moderators of forums who have been quick to ban people, shadow ban people and censor content in a way that's indicative of promoting rather than impartially discussing our project, the management, governance, funding, etc. The problem got so great that three discord channels and three subreddits emerged, but the main forums are locked in by network effects and moderated by most of the same people as the original treasury funded ones. The relationships formed by the people getting money and the people most responsible for dispensing pooled funds remained and now it's less transparent than ever.

How is Joel Valenzuela AKA thedesertlynx for example getting paid now with no visible means of support beyond tips? He continues to operate as a media guy, moderator and tech tester, apparently having a normal life with no time for a paid job. You could say it's none of my business, but he pops up and savages other projects, people who challenge the status quo, and critics of favored proposals, threatening people for breaking rules he arguably breaks himself regularly while participating in the discussions, even though he's not even a MNO but a moderator with voting keys (delegate). If he's acting like a hatchet man and seems to have the lifestyle of a hatchet man and no other obvious way to pay the bills, what are the victims of his hatchet supposed to think? I'm not saying there's more than circumstantial evidence, but there's no transparency either, and he's just one example. Another moderator, Agnew Pickens got in the middle of a productive discussion diverting the conversation and when I challenged him on it replied "don't tip me chump change, Boy." These are not isolated incidences. This is a pattern i have observed for a long time, and not just with me.

It doesn't take much for a good cowboy to steer the herd, just a little pressure in the right places. I wouldn't mind but there are indications that they are steering the herd off a cliff (again), as I and others had tried to prevent before, unsuccessfully. I told them if we didn't fix the Pay and Pray funding model, that eventually the market would reduce our spending options involuntarily, which is how it actually played out. Now the percentage of dash backing masternodes is dropping along with our market rank. ANY suggestions by anybody to do something concrete about it are suppressed or diverted. This is especially concerning because of the large amount of dash with loans against it and the danger of a de-leveraging feedback loop that could cause a dramatic crash and loss of value for thee savings of people we MNOs are supposed to protect.

The Dash DAO sunk enormous amounts of money into growing adoption in emerging markets, many of whom are at severe risk of humanitarian crisis if Covid-19 has an outbreak, due to lack of medicine, healthcare infrastructure, high urban population density and corrupt disfunctional political regimes. The DAO also risks retaliation from the US government if it interprets our attempts to help as aiding in evading sanctions. We were not expecting and are not prepared for a prolonged economic downturn in the wider economy, the cryptoverse, or Dash specifically. Coronavirus, the trade war, recession, a major hack, theft or exit scam from a major coin with high price correlation, any one of these things could be a black swan or combine into a perfect storm and the MNOs don't have the lines of communication to deal with it because we farmed out our responsibilities to mercenaries. WE MNOs as a group are being reckless with the savings entrusted to us and the owners and buyers of dash should be warned. Sure, we might get away with it, but the public deserves to know the risk.