Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency
by
jdmcg
on 19/05/2022, 17:19:43 UTC

Yet my understanding is that to use Dash Platform you do need to pay in Dash Credits which are only purchasable with Dash... Maybe that's not true? If it is though, how is that not similar to using ETH as gas on Ethereum?

Is this a joke ? Your advocating Dash pivot to ethereum's monetary model when it's a bitcoin clone ? I explained the basis of Dash's valuation above, it's set in stone. Services are nice but they are an enhancer of that model, not a replacement for it.

Joke? Advocating? No, I'm talking about what's been in development for years now. Am I wrong?


If mining is considered environmentally destructive than this strategy will back-fire.

You should not have invested in a POW asset if that's a criteria - specially not one that started off as one and then changed its "mined". Hashrate is the currency of a trustless primary market and if it's found to be "environmental unfriendly" (which it isn't) then some other way will be found but it doesn't alter the core monetary properties of this coin.

It's about exposing the primary supply to competitive bidding on the one hand, or giving it away to existing holders on the other. Nothing to do with the "environment".

Guess what's happening? Ever since ESG made a stink about POW's harmful effects to the environment just over a year ago, BTC and other POW coins topped out. Institutions are very wary of investing in anything that doesn't have Black Rock's special approval. Also, me and many others who invested in Dash and other POW coins did so before this false narrative became "true". If BTC advocates can convince enough people that mining is produced by green energy then we should get another good run.

I'm trying to base things on what I see actually happening, not some emotional outburst.