The blockchain space is being filled with many working models for many purposes. You put so much emphasis on "investment", you fail to see any other perspective
That's a new one. Please expand on this "other perspective". Are you talking about "users" ? People who don't buy Dash to hold but rather just buy it to immediately spend at Church's Chicken ?
"straight into the pockets of existing holders as with Dash" sounds like you're sore, how unjust it is. It's not. You don't like it, don't use it. Talk with your wallet is the ultimate messenger. I'm tired of people on the one hand talking trash, how worthless dash is (or becoming) and then in the same breath spouting on how MNOs are raking it in and how unfair they be so rich with "unearned profit". How does that work? - a worthless shitcoin yet filthy rich MNOs with "free money". A $100K shitcoin masternode. You can't have it both ways.
Nobody's trying to have it "both ways". The whole point of my argument as that masternodes are NOT filfthy rich. They are NOT benefiting from the reward because the more the reward ratio slider moves away from miners and towards masternodes, these things happen:
• value drains from our marketcap compared with our 100% mined competitors
• that therefore depletes its attractiveness as a monetary medium
• which impacts on USE (see our blockchain traffic compared with competitors who have none of our technical "features")
• and adversely impacts masternode incentives by wiping out their reward via capital loss and huge opportunity costs when measured against our 100% mined peers
So nobody wins. You seem to be arguing that sustaining the marketcap isn't important.
What exactly IS important then in your opinion ?