Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
When monetary issues can be generated by other less expensive channels, other factors must be consolidated in DASH to make it a successful project.
With "all due respect", this is arrant nonsense in the case of cryptos who's store-of-value proposition is based around a commodity archetype and the last 5 years of trading have shown it to be such.
You're basically arguing that bitcoin would be more valuable if it could be created without all that hashrate.
Be my guest in demonstrating this theory because Dash is already trying it and plummeting out of competitive range of its contemporaries. All these theories are trying to do is justify how "free money" can have value. It's emperor's clothes logic, nothing more and is exposed when you simply present an authentic formula for ROI for masternodes and mining as done above.
In the last conversation I had with you, you described my assertions that speculation with stable coins was tremendously fruitful as foolish ... and I ended that debate at the root by showing it in 3 lines, with even greater return, frequency and security than currency trading. open trading. I always read you with interest in discord, you are not the average fool that lives there, despite your obvious errors of concept and that often your vehemence leads you to function on the basis of topics instead of absorbing perspectives that tear down walls with evidence. of you. I sincerely hope that you have overcome that ... because if you are perceived as a restless person ... and that will prevent you from growing and solving the crossroads that arise. Anyway, and since it's your business ... I don't have much time to settle into that. I hope that around here we all know how to get something better.
You are completely lost, because you associate the value of money with the energy expended to produce it - or you give it a totally excessive importance -, which is an enormous stupidity that ignores innumerable and BIGGER conditioning factors between one issue and another that they simply evaluate perfectly your thesis to the irrelevant level it deserves - a confinement in which you settle and that seems like you like to savor, a mystery -. You are the one who must refute the undeniable and gigantic social value that a fiat provides that a corrupt regulator can produce with the tip of its penis ... or, for example, ERC20 created by decree, many of which are a thousand times better deposits of value than DASH.
If the energy expenditure of BTC were the basis of its value, Tether - a thousand times more important in the retention of value of BTC than the contribution of its miners - would not exist ... do not be naive. The value is determined by an inalienable floor of wealth (which in BTC has been and continues to be caused for the most part by speculative factors - in fact, enormously allied with the unspeakable and demonic fiat, of which few "idealists" beneficiaries complain -) . That is what is practical beyond the endless literature of each (mine included) ... and it is what you have to achieve. And by the way ... perfectly possible to achieve for the DASH model (although perhaps not for its original project, locked in a centralized corruption loop that prevents executing the SIMPLE necessary optimizations - which, by the way, you, although minimizing them, you continually reveal -).
DASH must optimize its financial independence, its decentralization and its resistance to censorship ... all of them elementary factors in its original declaration of principles ... and clearly, immensely improvable. Without that ... the rest is talking about the sex of angels...but I hope that with the debate we will get something better.
A greeting.