Post
Topic
Board Announcements (Altcoins)
Merits 1 from 1 user
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
qwizzie
on 13/11/2020, 16:03:49 UTC
⭐ Merited by giammangiato (1)

I think it lasted only a day, then a completely different toknormal emerged. Can we please have the normal and nice toknormal back ?

I am nice and thought it only common courtesy to congratulate the proposers on it passing the vote even if I didn't agree with the policy.

However, numbers are numbers. My issue isn't with DCG - they were given a job to do and are doing it. It's with the community who need to see that this path is folly, there can be no other way of putting it. Throwing half the supply down the toilet when other coins use it to strengthen their scarcity and therefore price is Kamikaze policy and we'll suffer for it. Sure we might get a pump but the higher it goes the less sustainable it will be and since we're already supporting 5000 nodes at enormous expense before it's even started I don't expect it to get anywhere near where it might do if we made more sensible use of the coin supply.


This path is not meant to get us to a possible pump, it is meant to get us to a situation of less price volatility during Dash bull markets and Dash bear markets. It has to do with Dash supply and Dash (still rather high) supply inflation percentage
from Dash emission rate schedule, and trying to circumvent the side-effects of that high supply inflation over a long period of time by making masternodes more attractive to invest in, which will have an impact on Dash (still expanding) supply.