This is hilarious. The last re-allocation worked so well that lets do more of it.

Let me just address this point first of all:

1. It doesn't matter that the "coins above us aren't proof of work coins". What matters is that the CONTROLS for measuring Dash's experiment in dminishing the POW quota ARE above us.

2. Efficiency can be measured 2 ways:

A: efficiency in storing value
B: efficiency in producing the actual coin

IF you use method "B" criteria (which is what is being done in that video) then all you're doing is judging the network as you would a production process. i.e. if you make the cost of production ever cheaper, the coin will simply changes hands for every cheaper amounts. This is NOT the case with the "non-POW" coins because they are proof of stake from inception and have a completely different business model from Dash. They have on-chain sinks.

The whole point of POW is to make the production cost approcimate to the exchange value until such time as transation fees take over. You can't just turn Dash into a POS simply because it "looks like everyone else is POS".

This is the most insane proposal I've seen and it will be the end of Dash due to people utterly misunderstanding the economic nature of a cryptocurrency, especially a POW one. The mining process is a MARKET. Miners are simply primary purchasers of the new supply and bid for that coin in a trustless market. If the chain simply gifts that supply instead, it will tank the marketcap back into the dark ages.

I have been right so far over the last 2 years. Surely people cannot be so stupid as to double down on an already failed strategy.