Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
Any mentioning of capital gains tax or otherwise should be considered irrelevant as it is external to our ecosystem. There may be a point here, but it is outside our core economics design. This is simply out of our hands and there is nothing we can do about that. It pollutes the discussion in my opinion.
- it is just uncomfortable, but it clarifies the most important underlying question: that what is contaminated is the centralized layer of governance of DASH, which corrupts the project for its own particular interest. (To corrupt is to minimize or directly damage the potential of something out of interest outside of optimization or the benefit of the corrupted).
THAT is the drag on DASH and the reason its potential is not being expressed. Due to negligence, incapacity or both.
... unaware of the full effect it may have on our price or even the attack (troll) vector it creates for our adversaries. It looks bad, even if the intention is good.
- With defenders like those ... do you think adversaries are needed? Really ?
By the way ... People should understand at once that, in crypto, DASH should ALWAYS be attacked more than the rest of the projects of its profile (and competition). It would be good to take it on at once and stop so much ridiculous persecution mania.
... Even though their return in Dash for running an MN is much lower, it would still be profitable in terms of USD.
- A reasonable objective would be good IN FIAT ... but it would even limit it at the top (in an IDEAL benefit of the project).
PS: I'm aware that (yet) another block reward split is going to be proposed.
20% Miners - 20% Mnodes (Both with a top in FIAT performance. The Mnodes, in addition to acceptable rewards, would enrich their assets in DASH - and both they and the miners would reduce sales incentives -)
20% Treasure
60% Donations to the DIF structure and custodied as Reserves in BTC and Gold . And of course a really profesional and absolutely transparent DIF .
If you are really looking for a store of value, DASH must be backed by proven store of values and OFF CHAIN, which are not affected by speculative attacks on their active purpose ... to have a floor of real accumulative and progressive wealth (On the contrary, speculative bitcoin invasions would enrich DASH both on its entry - Pump - and on its exit - Dump -. In fact, BTC would possibly leave DASH alone and that, to begin with, would eliminate the main factor as the threat of volatility) -. With that, the "big investors" who are said to seek would come in droves. Uncertainty and mistrust is what most conditions the entry into crypto to external capital.