Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
toknormal
on 06/07/2020, 14:44:59 UTC

Thanks aleix, nice to hear from you !

Tok, your thesis is flawed because you compare us with Bitcoin (the most important coin) and then with peercoin (which is a piece of junk).

It wasn't a peice of junk at the time. It was a highly valued coin designed to carry "trunk" payments, i.e. large payments and had a well thought out monetary strategy.

It also had a mixed reward ratio which was the primary difference with bitcoin/litecoin et al.

Tezos (12), Cardano (8.), Stellar (14), Tron (16), etc. are PoS coins. Even Ethereum is moving to a pure PoS / masternodes system. Ethereum!

True. And that's why I qualified my comparison as being with pure monetary coins. i.e. blockchains which are invested in as a monetary reserve rather than as a business. To justify large returns your investment needs to be doing some useful work for somebody at least to within a reasonable margin of the return. "Service oriented" assets need to feature somewhere on this list for example.

Dash is invested in for very different reasons from the likes of ETH, XTZ et al. It's as different as investing in silver on the one hand and an airline on the other.

The more poignant question is....if a split reward that's so inconsistent with the value delivered back to the investor is so great, why have we lost so much market share ? People don't want to face this important question.

We already have one and it's not working as advertised. Why ? Because of simple arithmetic as I've outlined above.